During the Great Recession,there Was a Financial Crisis,a Stock Market

question 20

Multiple Choice

During the Great Recession,there was a financial crisis,a stock market crash,and a collapse in housing prices,all of which

• A) contributed to a very long and deep recession.
• B) helped the U.S.economy perform better than the economies of other countries.
• C) kept unemployment from rising above the historical average.
• D) resulted in a very short and mild recession.
• E) prevented the United States from experiencing a decline in real gross domestic product (GDP).

---

Definitions:

Productivity

measures the efficiency of production of goods or services, often quantified as the ratio of output to input.

Major Responsibilities

The primary duties or tasks that an individual or a role within an organization is expected to perform as part of their job.

New Economy

An economic era characterized by the importance of information technology, globalization, and knowledge-based work.