What Effect Would Economic Weakness in Europe Due to a Sovereign

question 45

Multiple Choice

What effect would economic weakness in Europe due to a sovereign debt crisis have on the U.S. economy?

• A)IS shifts to the right
• B)IS shifts to the left
• C)potential GDP increases
• D)potential GDP decreases

---

Definitions:

Car Sharing

A model of car rental where individuals rent cars for short periods of time, often by the hour, facilitating shared vehicle use among multiple users.

Software Development

The process of conceiving, specifying, designing, programming, documenting, testing, and bug fixing involved in creating and maintaining applications, frameworks, or other software components.

Information Technology

refers to the use of computers, networking, software, and other electronic devices to manage and process data.

Smartphone App

A software application specifically designed to run on smartphones, offering various functionalities ranging from productivity to entertainment.