The Bursting U

question 48

Multiple Choice

The bursting U.S. housing bubble of 2007 did not trigger an immediate recession because

• A)previous homeowners were able to move into apartments.
• B)mortgage interest rates remained relatively low.
• C)Democrats in control of Congress passed new tax cuts for distressed homeowners.
• D)all of the options are correct.

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Definitions:

Glucose

An essential energy-supplying sugar, fundamental to living entities and found in a vast array of carbohydrates.

Aerobic Respiration

A process of producing cellular energy involving oxygen. Cells use oxygen to convert glucose into ATP, releasing carbon dioxide and water.

Oxidized

Refers to a substance that has lost electrons and increased its oxidation state, often as part of a chemical reaction involving oxygen.

Reduced

In chemistry, refers to the gain of electrons or decrease in oxidation state by a molecule, atom, or ion.