As the economy recovers from a recession

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Reference no: EM13819097

1. As the economy recovers from a recession

A. unemployment rises immediately

B. unemployment falls immediately

C. unemployment falls after a lag

D. unemployment rises after a lag

2. Government spending in the USA is likely to ___________ over the next few decades as the population gets ___________ on average.

A. increase; older

B. increase; younger

C. decrease; older

D. decrease; younger

3. The Lombard system is a method of doing

A. federal funds loans

B. open market operations

C. discount loans

D. reserves calculations

Reference no: EM13819097

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