The debate over the causes of recessions in the U.S. in recent years has included arguments about:
A) monetary policy, but not higher oil prices.
B) decreases in exports.
C) higher oil prices, but not monetary policy.
D) both monetary policy and higher oil prices.

Question

Quizplus · Accepted Answer

The debate over the causes of recessions in the U.S. has included both monetary policy and higher oil prices as arguments in recent years. While some argue that the Federal Reserve's monetary policy has played a role in causing or exacerbating recessions, others point to the impact of higher oil prices on the economy, particularly in terms of increasing costs for businesses and households. Both of these factors have been debated and continue to be debated as potential causes of recessions in the U.S.

The Debate Over the Causes of Recessions in the U