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

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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, Save Answer
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