Reasons That the Recession of 2008-2009 Did Not Become a Depression

question 34

Multiple Choice

Reasons that the recession of 2008-2009 did not become a depression include i. The Fed bailed out troubled financial institutions
Ii. The government aggressively balanced its budget
Iii. The government increased its expenditures, which increased aggregate demand

• A)iii only
• B)i only
• C)i and ii
• D)ii only
• E)i and iii

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Definitions:

Circulatory System

The body system consisting of the heart, blood vessels, and blood, responsible for transporting nutrients, oxygen, and hormones to cells and removing metabolic wastes.

Digestive System

The system in the body responsible for processing food, absorbing nutrients, and eliminating waste.

Increase Insulin

Refers to actions or treatments aimed at raising the levels of insulin, a hormone regulating blood sugar.

Decrease Antioxidants

The reduction in substances that can prevent or slow damage to cells caused by free radicals, often due to dietary changes or environmental factors.