What Economic Events Enabled Most Countries to Escape the Great

question 232

Multiple Choice

What economic events enabled most countries to escape the Great Recession of 2007-2009?

• A)Interest rates fell because of excess savings.
• B)Wage rates declined.
• C)Fiscal policy was enacted using tax cuts and/or increases in government spending.
• D)Prices declineD.

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Definitions:

Proportional Representation

An electoral system in which parties gain seats in proportion to the number of votes cast for them, as opposed to winning only by the majority in a district.

Simple Plurality

A voting system where the candidate with the most votes wins, regardless of whether they have a majority.

Straight-Ticket Voting

Straight-ticket voting is the practice of voting for all the candidates of the same political party on a ballot.

Independents

Voters or political candidates who do not affiliate with any established political party.