quiz 5 patel - 1. Quiz #5_Q1 (Points: 10) Which statement...

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1. Quiz #5_Q1 (Points: 10) Which statement is true when thinking of the European countries in the last 40 years? a. Central Bank kept increasing interest rates b. Central Banks kept cutting interest rates c. They had low unemployment rates d. None of the above Save Answer 2. Quiz #5_Q2 (Points: 10) The 1997-2006 housing boom/bubble in the US history was driven by all of the following except : a. Low Fed Funds rate after 2001 b. Expectations of permanent home price depreciation c. Lack of regulation leading to reckless lending Save Answer 3. Quiz #5_Q3 (Points: 10) Globalization affects the Phillips curve and Okun’s law because, a. If the economy is in boom, there is less pressure on the Fed to raise interest rates b. If the economy is in boom, there is less pressure on wages to rise c. If the economy is in boom, there is less pressure on wages to fall d. If the economy is in boom, there is less pressure on the Fed to lower interest rates Save Answer 4. Quiz #5_Q4 (Points: 10) A country that can produce goods or services at a lower cost than another
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This note was uploaded on 10/02/2010 for the course INTB 3353 taught by Professor Prodan during the Spring '10 term at University of Houston-Victoria.

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quiz 5 patel - 1. Quiz #5_Q1 (Points: 10) Which statement...

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