Which of the Following Is One Reason for the Decline

question 82

Multiple Choice

Which of the following is one reason for the decline in aggregate demand that led to the recession of 2007-2009?

• A)falling oil prices
• B)an increase in net exports
• C)the end of the housing bubble
• D)a decline in government spending

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Definitions:

Per Capita Income

The average income earned per person in a given area or country, calculated by dividing the total income of the area by its population.

Exchange Rates

The worth of one currency when converted into another.

Global Companies

Businesses that operate in multiple countries across the world, facing a wide range of economic, cultural, and regulatory environments.

Economic Infrastructure

The underlying physical and organizational structures needed for the operation of a society or economy, including transportation, communication, utilities, and services.