The Recession of 2007-2009 and Its Aftermath Had Different Effects

question 147

Multiple Choice

The recession of 2007-2009 and its aftermath had different effects on various sectors of the economy.Which of the following sectors of the U.S.economy had the highest unemployment rate in August 2011,topping 12 percent?

• A) education and health services
• B) manufacturing
• C) construction
• D) financial activities

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Definitions:

Primary Management Challenge

The foremost issue or difficulty faced by managers in ensuring the effective and efficient operation of an organization.

Mixed Strategies

A game theory strategy that involves making randomized decisions to achieve optimal outcomes.

State Agencies

Governmental organizations or bodies at the state or regional level responsible for the administration and enforcement of laws and regulations, and providing public services.

Demand Manipulation

A strategy used to artificially influence consumer demand for a product or service.