The Decline in Consumer Spending During the 2008-2009 Recession Was

question 283

Multiple Choice

The decline in consumer spending during the 2008-2009 recession was due in part to a decrease in disposable income.The decline in consumption resulting from the decline in disposable income caused a(n) ________ the consumption function curve.

• A)movement up along
• B)movement down along
• C)downward shift of
• D)upward shift of

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Definitions:

DSM

The Diagnostic and Statistical Manual of Mental Disorders, a comprehensive classification of officially recognized psychiatric disorders, published by the American Psychiatric Association.

Pathologize

To pathologize means to view or characterize something, often a normal behavior or function, as pathological or disordered.

Mental Health

A state of well-being in which an individual realizes their own abilities, can cope with normal stressors of life, work productively, and is able to make contributions to their community.

Trait Therapies

Psychological treatments focusing on identifying and changing specific traits or behaviors in personality.