The 2007-2009 Recession Was Caused by A(n)

question 113

Multiple Choice

The 2007-2009 recession was caused by a(n)

• A) increase in demand following a rapid increase in the money supply.
• B) drop in aggregate supply caused by a slowdown in productivity growth.
• C) decrease in supply caused by an increase in oil prices.
• D) decrease in aggregate demand triggered by a financial crisis.

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Definitions:

Civil Rights

The rights of citizens to political and social freedom and equality, protected by law against discrimination or infringement.

Congressional Black Caucus

A caucus made up of most African American members of the United States Congress, advocating for the interests of Black Americans and other minorities.

Equal Employment Opportunity Commission

A U.S. federal agency that administers and enforces civil rights laws against workplace discrimination.

Clarence Thomas

An Associate Justice of the Supreme Court of the United States, known for his conservative judicial positions and for being the second African American to serve on the Court.