A Major Factor Contributing to the Recession of 1981-1982 Was

question 310

Multiple Choice

A major factor contributing to the recession of 1981-1982 was

• A)an increase in interest rates.
• B)an increase in exports.
• C)the multiplier effect.
• D)an increase in unemployment.

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Definitions:

Cognitive Theories

Psychological theories emphasizing mental processes such as perception, memory, and problem-solving as sources of understanding behavior and mental state.

Negative Thinking

A cognitive process characterized by pessimistic attitudes and expectations about oneself or the world.

Hopeless Style

An individual's tendency to perceive negative events as unavoidable and unchangeable, leading to feelings of despair.

Bipolar Disorder

A mental disorder characterized by periods of elevated mood (mania) and periods of depression, affecting a person’s energy level and ability to function.