The Budget Deficit Increased During the Great Recession of 2007-2009

question 124

Multiple Choice

The budget deficit increased during the Great Recession of 2007-2009 and the financial crisis of 2008 because of _____

• A) an increase in tax rates for high-income households.
• B) a sudden increase in terrorist attacks and anthrax scares.
• C) low interest rates that crowded out private investment.
• D) discretionary tax cuts and greater outlays on unemployment benefits.
• E) greater outlays on national defense spending.

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Definitions:

Sensorineural Hearing Loss

A type of hearing loss resulting from damage to the inner ear (cochlea) or the nerve pathways from the inner ear to the brain.

Loudly

With a high volume or intensity of sound.

Middle Ear Infection

An infection located in the air-filled space behind the eardrum, commonly causing earache and sometimes fever.

Medications

Substances used to diagnose, treat, mitigate, cure, or prevent disease or promote health.