Which Feature of the 2008-2009 Financial Crises Is Key for the Deficient

question 33

Multiple Choice

Which feature of the 2008-2009 financial crises is key for the deficient financial liquidity effect?

• A) very high real interest rates.
• B) average labour productivity fell.
• C) consumption and investment expenditures fell.
• D) very low real interest rates.
• E) employment and the price level fell.

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