During a Severe Recession, We Would Expect Output to Fall

question 243

Multiple Choice

During a severe recession, we would expect output to fall the most in

• A) the health care industry.
• B) the clothing industry.
• C) agriculture.
• D) the construction industry.

---

Definitions:

Microseconds

Units of time equal to one millionth (10^-6) of a second, often used in financial markets to measure the speed of trades and market changes.

Privately Held

Refers to companies that are privately owned, with their shares not traded on public stock exchanges.

Shareholders

Individuals or entities that own shares in a corporation, making them partial owners of the company with rights to a portion of its profits and assets.

NYSE Euronext

A former global financial markets operator and trading facility that merged with IntercontinentalExchange (ICE) to form a leading marketplace for equities.