In the first half of June 2008 the effects of a housing and financial crisis and an increase in world prices of oil and foodstuffs were affecting the economy. Refer to The Economy in 2008. In the short-run the effects of the housing and financial crises a. raise both inflation and the unemployment rate. b. raise the inflation rate and reduce the unemployment rate. c. reduce the inflation rate and raise the unemployment rate. d. reduce both the inflation rate and the unemployment rate.
+4
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “In the first half of June 2008 the effects of a housing and financial crisis and an increase in world prices of oil and foodstuffs were ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » In the first half of June 2008 the effects of a housing and financial crisis and an increase in world prices of oil and foodstuffs were affecting the economy. Refer to The Economy in 2008.