All of the Following Contributed to the U

question 144

Multiple Choice

All of the following contributed to the U.S. recession of 2001 except

• A) a decrease in business investment both for computers and software and in structures.
• B) an appreciation in the value of the U.S. dollar relative to the currencies of its trading partners.
• C) an increase in new residential construction.
• D) a fall in stock market prices.

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Definitions:

Noncompetition Clause

A provision in a contract that prevents one party from entering into or starting a similar profession or trade in competition against another party.

Unenforceable

A term describing a contract or clause that, due to illegalities or other issues, cannot be legally upheld or enforced by a court.

Illegal Contract

A contract that involves doing something that is against the law or against public policy, and therefore is unenforceable in a court of law.

Public Policy

Principles and standards considered by the government to be of benefit to the community and used as a guide for legislative action.