Which of the Following Is NOT a Reason for the Weak

question 21

Multiple Choice

Which of the following is NOT a reason for the weak recovery following the 2007-2009 recession?

• A) recessions started by financial crises are almost always severe
• B) the decline in the automobile industry appeared to be structural
• C) the collapse of the housing market was long lived
• D) the recession was caused by a decline in short-run aggregate supply

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Definitions:

Histogram

A graphical representation of data using bars of different heights to show the distribution of values in a continuous data set.

Bar Chart

A graphical representation of data using bars of varying heights or lengths to show the values across different categories.

Frequency Polygon

A graphical representation of the distribution of a dataset that uses lines connecting points representing the frequencies of respective values.

Initial Understanding

The foundational or basic comprehension of a concept, phenomenon, or situation before further, deeper learning takes place.