Recall the Application About the Factors Involved in Causing Recessions

question 137

Multiple Choice

Recall the Application about the factors involved in causing recessions, and the causes of recessions in the United States from 1893 to 1990 to answer the following question(s) .
-According to this Application, the recession in 1991 was caused by

• A) increasing oil prices which resulted in a decrease in aggregate supply.
• B) the government cutting back on aggregate demand to reduce inflation.
• C) an decrease in aggregate supply resulting from U.S. bank collapses.
• D) massive immigration from Europe to the United States.

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Definitions:

Palmar Reflex

The palmar reflex is an involuntary response seen in infants, where the baby's fingers close around an object placed in their palm.

Ulnar Grasp

A developmental milestone in infants around 4 to 6 months of age, exhibiting a clumsy motion of reaching and grabbing objects using the whole hand, specifically utilizing the fingers and the ulnar side.

Myelination

The process of coating the axons of neurons with a fatty layer called myelin, which speeds up the transmission of neural signals.

Cerebellum

A region of the brain that plays a key role in motor control, coordination, precision, and accurate timing of movements, also involved in some cognitive functions.