Which of the following did not cause the 2007 2009 recession a Housing Bubble

Which of the following did not cause the 2007 2009

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26.Which of the following did not cause the 2007-2009 recession? a.Housing Bubble burst b.increase in the price of oil c.the Financial Crisis d.lower exports 27.What was the main reasoning behind the creation of the Federal Reserve? 28.If the price of oil spikes up, which of the following will occur?
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2017 NITTANY NOTES ALL RIGHTS RESERVED ANY ATTEMPT TO REPRODUCE THESE NOTES IS PUNISHABLE BY LAW Nittany Notes Check out nittanynotes.com for Online notes! | 814-238-0623 Like us at Facebook.com/NittanyNotes ECON 104.1 Exam Pack #3 38 OF 41 LAPOINTE 29.What is the average of current and expected bond rates? 30.Between 2007 and 2008, what happened to aggregate demand? a.the economy moved up along it b.the economy moved down along it c.shifted rightward d.shifted leftward 31.True or false: Tightening means decreasing interest rates. 32.What is the "central bank" of the United States called? 33.What does CDO stand for? 34.True or False: After the housing bubble burst, home prices fell and homeowners began to default on their mortgages. a.True b.False 35.For a bank, its assets must equal its _____?
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2017 NITTANY NOTES ALL RIGHTS RESERVED ANY ATTEMPT TO REPRODUCE THESE NOTES IS PUNISHABLE BY LAW Nittany Notes Check out nittanynotes.com for Online notes! | 814-238-0623 Like us at Facebook.com/NittanyNotes ECON 104.1 Exam Pack #3 39 OF 41 LAPOINTE 36.How many people serve on the FOMC? 37.Which of the following is not a function of money? 38.Which of the following is not included in M1? a.checkable deposits b.bonds c.traveler's checks d.coin and currency
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