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In 2008, at a time when many advanced economies were close to full employment, stock markets in Canada and many other developed countries experienced very large declines. These declines were largely in response to the failure of several large U.S. and European banks and the resulting disruption in global financial markets.a. Explain how such stock-market declines affect wealth and thus are likely to affect the AD curve.The wealth of the households and firs who owned the companies whose stock-market value declined A. rises, leading to increase in desired consumption and desired investment. Therefore, AD curve shifts to the left.O B. rises, leading to increase in desired consumption and desired investment. Therefore, AD curve shifts to the right. C. falls, leading to reduction in desired consumption and desired investment. Therefore, AD curve shifts to the left. D. falls, leading to reduction in desired consumption and desired investment. Therefore, AD curve shifts to the right.b. If the central banks attempt to keep output close to Y*, what is their likely response?The likely response by central banks is A. to reduce the supply of money in order to decrease the level of desired investment expenditure. B. to increase interest rates in order to reduce excess supply of money. C. to reduce interest rates in order to stimulate aggregate demand.O D. to increase interest rates in order to appreciate their currency and increase imports.c. Did the Bank of Canada act as predicted in part (b)? A. No, the Bank of Canada didn't change its policy rate from early 2008 to mid-2009.O B. Yes, the Bank of Canada reduced its policy rate slightly, by 50 basis points (0.5 percentage points) from early 2008 to mid-2009.O C. Yes, the Bank of Canada reduced its policy rate dramatically, by roughly 400 basis points (4 percentage points) from early 2008 to mid-2009. D. No, the Bank of Canada increased its policy rate by 100 basis points (1 percentage points) from early 2008 to mid-2009.

4-22 1 kg of water that is initially at

with a quality of 10 percent occupies a spring-loaded piston-cylinder device, such as that in Fig. P4-22. This device is now heated until the pressure rises to 800 kPa and the temperature is

. Determine the total work produced during this process, in kJ. Answer. 24.5 kJ FIGURE P4-22

One important function of money is that it is a store of socioeconomic class prestige value power

QUESTION Which of the following is not an aspect of cerebellar processing? ANSWER The cerebellar cortex calculates the best way to coordinate the force, direction, and extent of muscle contraction. While the motor cortex says move, the cerrebellum needs to calculate the effect of that movement of posture and must ensure a smooth coordinated movement. The cerebellum receives information from properioceptors throughout the body. The motor areas of the cerebellum, via relay nuclei in the brain stem, notidy the cerebral cortex of their intent to initiate voluntary mascle contractions.

Fixed costs generally do not include Group of answer choices depreciation on buildings and equipment. direct labor. supervisory salaries.

Which of the following vertebral injuries refers to a forward displacement of one vertebra over another?RetrolisthesisSpondylolisthesisSpondylosisSpondylolysis

In _________, the sample is irritated with radio waves in the presence of a magnetic field. A infrared spectroscopy B nuclear magnetic resonance spectroscopy C mass spectroscopy D none of these

David Miller’s principles of social justice include which of the following? Discourse, action, and invention Water, air, and earth Need, equity, and equality Need, desert, and equality

What can be done (as a biosecurity measure) to prevent disease from entering a swine facility? Providing piglets with heat lamps and heated mats Fooding a bashed dien their condits of energy protin vitamins, and minerals Using farrowing crates and gettation stalls Showering prior to entering the facity and showering once you're done in the facility

Red 40, a monoazoaryl disodium disulfonate, was approved in the US in 1971 as a color additive in foods and drugs. In order to investigate the safety of Red 40, researchers designed an experiment involving feeding mice food with different doses of red dye 40 and recording time until death in weeks. Below is the data they obtained from female mice. whats your summary of the null hypothesis?