Which of the Following Elements of GDP Were Affected by the Financial

question 6

Multiple Choice

Which of the following elements of GDP were affected by the financial crisis and the lack of available credit?

• A)Consumption and business investment only
• B)Consumption and government spending only
• C)Consumption, business investment, and government spending only
• D)Consumption, business investment, government spending, and imports/exports

---

Definitions:

Deviance

Behavior that violates the norms or expectations of a social group or society, which can lead to negative sanctions.

Ownership

The legal right or state of having control over something, such as property, businesses, or intellectual property.

Mass Media

Forms of media, including newspapers, television, radio, and the internet, that reach or influence large numbers of people.

Functionalists

Proponents of functionalism, a theoretical perspective in sociology that emphasizes the social functions of institutions and structures in maintaining societal stability and harmony.