The Burst of the Housing Bubble Can Be Represented in the IS-MP

question 52

Multiple Choice

The burst of the housing bubble can be represented in the IS-MP model as a(n) :

• A)decline in a¯ .
• B)rise in r¯.
• C)decline in inflation.
• D)increase in m¯ .
• E)rise in a¯ .

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