Which of the Following Statements Is True

question 104

Multiple Choice

Which of the following statements is true?

• A)The price shock theory of the business cycle is endogenous.
• B)Across the board over investment,particularly in the telecommunications industry,prior to 2001 caused a recession in that year.
• C)When the Index of Leading Indicators turns downward,a recession almost always follows.
• D)The terrorist attacks on 9/11 caused the recession of 2001.
• E)The inventory cycle theory of the business cycle is exogenous.

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Definitions:

Psychosocial Problems

Refers to difficulties in overcoming social and psychological obstacles encountered throughout life.

Self-identities

The recognition and understanding of one's own identity, including personal traits, beliefs, and feelings.

Health Insurance

A type of insurance coverage that typically pays for medical, surgical, prescription drug, and sometimes dental expenses incurred by the insured.

Situational Type

This might refer to categories or classifications that are dependent on specific circumstances or contexts rather than inherent traits.