The Recession of 2007-2009 Was

question 20

Multiple Choice

The recession of 2007-2009 was

• A) most severe recession ever experienced in the United States.
• B) the first recession since the 1930s to be accompanied by a financial crisis.
• C) caused by a stock market crash.
• D) limited to the economy of the United States.

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Definitions:

Monthly Cash Flows

The net amount of cash and cash-equivalents being transferred into and out of a business in a given month.

Delayed

Pertaining to something that has been postponed or set to occur at a later time than originally planned.

Monthly

Pertaining to something that occurs, repeats, or is calculated on a monthly basis.