Question
a. Describe the role of uncertainty at the beginning of and in the unfolding of a financial crisis. b. What are the effects of a
a.
Describe the role of uncertainty at the beginning of and in the unfolding of a financial crisis.
b.
What are the effects of a financial crisis on short-run aggregate supply? How might long-run aggregate supply be affected? [Note, you DO NOT need to illustrate with a graph, just explain].
c.
How is asymmetric information related to asset-price bubbles?
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Business Its Legal Ethical and Global Environment
Authors: Marianne M. Jennings
11th edition
1337103578, 978-1337514392, 133751439X, 978-0357690130, 978-1337103572
