During Recessions,interest Rates Tend to Fall Because

question 7

Multiple Choice

During recessions,interest rates tend to fall because

• A)consumers attempt to borrow money to make up for their falling income.
• B)business borrowing for investment purposes tends to fall during recessions.
• C)lower real resource prices create profit opportunities for banks.
• D)recessions shift the economy's long-run aggregate supply curve to the left.

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