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During the global financial crisis,state and local governments now found their interest costs rising.Which of the following were causes of this?
Exosystem
A concept from ecological systems theory referring to the broader socio-cultural contexts that indirectly influence an individual's development, such as parents' workplaces or the neighborhood's characteristics.
Exosystem
A concept in ecological systems theory referring to the larger social systems and environmental contexts that indirectly influence an individual's development.
Parent's Employment
The participation in the workforce by individuals who have children, impacting family dynamics and economic stability.
Liquidation
The process of closing a business and distributing its assets to claimants, typically when the business is insolvent.
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