The Decrease in Consumer Spending During the 2007-2009 Recession Was

question 64

Multiple Choice

The decrease in consumer spending during the 2007-2009 recession was due in part to falling home values.This reason for the decline in consumer spending is most closely related to which of the following variables that determine the level of consumption?

• A) the interest rate
• B) current disposable income
• C) household wealth
• D) the price level

Learn about the foundational role and functions of mass communication in society.

Recognize different sociological perspectives (functionalism, conflict theory, symbolic interactionism, feminism) on media analysis.

Understand the impact of globalization on cultural diversity and media content.

Understand the distinction between "hot" and "cool" media and its relevance to audience participation.

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Definitions:

Foraminiferans

Marine protozoans characterized by their porous shells, or tests, through which pseudopodia extend for feeding and locomotion.

Rhizarians

A group of mostly unicellular eukaryotes, characterized by their production of pseudopods, which are extensions used for movement and feeding.

Freshwater Algae

Simple, often microscopic, plant-like organisms that live in fresh water and are capable of photosynthesis.

Green Algae

A large group of algae, primarily aquatic, that contain chlorophyll and conduct photosynthesis.