Declines in Spending on Residential Construction Are Often Due to Increases

question 19

Multiple Choice

Declines in spending on residential construction are often due to increases in interest rates.The collapse in residential construction prior to and during the recession of 2007-2009 was due more to ________ than to higher interest rates.

• A)the financial crisis that began in 2007
• B)the rapid inflation of the early 2000s
• C)increases in the price of lumber
• D)rising wages in the construction industry

---

Definitions:

Embryonic

Relating to an embryo, which is an organism in the early stages of development before birth, especially during the first eight weeks in humans.

Fetal

Pertaining to a fetus, which is the developmental stage of human offspring from the end of the embryonic period (around 8 weeks) to birth.

Metaphase II

A stage of meiosis II where sister chromatids align at the spindle equator, preparing for separation to opposite poles of the cell.

Secondary Oocyte

An immature egg cell that has completed the first meiotic division and is released during ovulation.