The Idea That the U

question 40

True/False

The idea that the U.S.economy would continue to experience rapid gains in productivity and GDP growth was interrupted in 2001.
In 2001 the economy entered a recession,caused in large part by a sudden drop in investment spending.

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Definitions:

Absolute Liability

A legal doctrine holding a person or entity responsible for damages or loss regardless of fault or intent.

Motel

A roadside hotel designed primarily for motorists, typically having the rooms arranged in a low building with parking directly outside.

Lightning

A natural phenomenon involving a sudden electrostatic discharge during a storm, resulting in a bright flash and typically thunder.

Liable

Legally responsible or obligated to compensate for harm or damages caused.