Which One of These Was a Major Cause of the Deep

question 1

Multiple Choice

Which one of these was a major cause of the deep recession and severe unemployment throughout much of Europe that followed the financial crisis of 2007-2009?

• A) Government actions to raise interest rates
• B) Investor speculation
• C) Risk-adverse investor attitudes
• D) Government actions to lower government debt

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Definitions:

Rational Freedom

The capacity to make decisions based on reason rather than compulsion, allowing individuals to act in accordance with their own rational interests.

Carefully Planned

Something that has been thought through with great attention to detail and organized in advance.

Heisenberg Principle

The Heisenberg Principle, or Uncertainty Principle, states that the position and velocity of an object cannot both be measured exactly, simultaneously, even in theory.

Subatomic Level

Pertaining to the realm smaller than an atom, involving particles such as protons, neutrons, and electrons.