Which of the Following Occurred During and Following the 2008-2009

question 41

Multiple Choice

Which of the following occurred during and following the 2008-2009 recession?

• A) Unemployment benefits were extended from their normal 26 weeks to up to 99 weeks.
• B) The Federal Reserve more than doubled the size of the monetary base.
• C) The federal budget deficit expanded to approximately 10 percent of GDP.
• D) All of the above are true.

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Definitions:

Developmental Psychologist

A psychologist focusing on how individuals grow and change throughout their lifespan, from infancy through old age.

Systematic Changes

Scheduled or patterned modifications that occur within a system or process over time, often resulting in a predictable outcome.

Intelligence

The competency to gain insights from experiences, tackle issues, and utilize what is known to conform to changing environments.

Cognitive Perspective

A psychological approach focusing on mental processes such as perception, memory, and problem-solving.