The Recession of the Early 1980s Saw

question 39

Multiple Choice

The recession of the early 1980s saw

• A) a mild drop in the rate of growth of GDP coupled with a surprisingly large contraction in consumption expenditure.
• B) one of the most severe declines in GDP of the past 50 years matched in percentage terms by a corresponding reduction in consumption expenditure.
• C) one of the most severe recessions of the past 50 years punctuated only briefly by a small reduction in consumption.
• D) a mild contraction in the rate of growth of GDP matched by a small contraction in consumption expenditure.
• E) none of the above.

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Definitions:

Foster Mother

A woman who takes care of a child placed in her home by a welfare agency, but is not the child's biological or adoptive mother.

Psychological Similarities

The common aspects of mental processes or behaviors observed among individuals or groups.

Shared Genes

Genetic sequences that are identical or similar between two or more organisms, indicating a common ancestry or function.

Identical Twins

Twins that develop from a single fertilized egg, sharing the same genetics.