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. in recent years has included arguments about both monetary policy and higher oil prices. While some argue that loose monetary policy and low interest rates may fuel bubbles and ultimately lead to a recession, others point to the negative effects of higher oil prices on consumer spending and business investment. Both factors have been implicated in recent economic downturns, including the Great Recession of 2008-2009.

The Debate Over the Causes of Recessions in the U