A Deflationary Recession Can Be Caused by a Fall in Consumption

question 57

True/False

A deflationary recession can be caused by a fall in consumption, investment, government spending or net exports.

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Definitions:

Control Arms

Components in a vehicle's suspension system that link the chassis to the wheel hub, facilitating smooth movement and steering.

Ball Joints

Pivotal bearings in a vehicle's suspension system that connect the wheel hubs to the rest of the suspension, allowing for smooth steering and suspension movement.

Upper Steering Pivot

A pivot point in steering mechanisms allowing for the rotation of wheels, essential for vehicle maneuverability.

MacPherson Strut

A combined coil spring, shock absorber, and bearing plate used as a front suspension component in many front-wheel drive cars.