All of the Following Are Likely Reasons for the 2007-09

question 53

Multiple Choice

All of the following are likely reasons for the 2007-09 recession in the United States except

• A)a rightward shift of the AD curve.
• B)an upward shift of the IA line.
• C)an increase in potential GDP.
• D)a decrease in potential GDP.
• E)an increase in aggregate supply.

---

Definitions:

Inferred From Behavior

Derived or concluded based on observations of actions or conduct.

Maslow's Hierarchy

A psychological theory proposing a five-tier model of human needs, from basic physiological needs to self-actualization, influencing human motivation.

Individual Variation

Differences in characteristics, behavior, or responses among individuals of a population or species.

Novel Stimulation

New or unfamiliar stimuli that attract attention or elicit a response due to their difference from previous experiences.