The Recession of 2007-2009 Began in ________,With the End of the Economic

question 167

Multiple Choice

The recession of 2007-2009 began in ________,with the end of the economic expansion that had begun in ________.

• A)January 2007; April 1984
• B)December 2007; November 2001
• C)July 2007; August 2006
• D)March 2007; March 1995

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Definitions:

Rate of Return

The percentage of increase or decrease in the value of an investment over a specified period of time.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often receiving dividends before common shareholders.

Cumulative Voting

A voting system that allows shareholders to concentrate their vote allocation among one or more candidates, enhancing minority shareholders' ability to elect a director.

Straight Voting

A corporate voting procedure in which shareholders may cast all votes for a single candidate for the board.