The Great Recession Began in ________ and Ended in ________

question 15

Multiple Choice

The Great Recession began in ________ and ended in ________.

• A)December 2007; June 2009
• B)December 2007; December 2011
• C)October 2008; June 2009
• D)October 2008; December 2011

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Definitions:

Required Rate Of Return

The lowest annual interest yield required to draw companies or individuals towards investing in a specific project or security.

Compounded Monthly

Refers to the addition of interest to the principal sum of a deposit or loan on a monthly basis, where each month's interest payment is based on the principal plus previously added interest.

Beautician

A professional who provides services related to beauty treatments for skin, hair, and nails.

Retirement Income

The total earnings an individual receives after retiring from work, which can come from pensions, savings, investments, or government benefits.