Evidence Points Out That Since the Mid-1950s Just About Every

question 106

Multiple Choice

Evidence points out that since the mid-1950s just about every recession was preceded by rising interest rates.This suggests that the recessions were:

• A)Caused in part by the actions of the Federal Reserve
• B)The result of changes in consumer confidence
• C)Due to increases in oil prices and other production costs
• D)Caused by simultaneous shifts in aggregate demand and aggregate supply