The Most Painful Consequence of a Recession Is

question 112

Multiple Choice

The most painful consequence of a recession is:

• A) rising unemployment.
• B) increasing inflation.
• C) increasing aggregate output.
• D) higher interest rates.

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Definitions:

San Antonio Independent School District V. Rodriguez

A landmark Supreme Court case in 1973, which ruled that disparities in school funding based on local property taxes do not violate the Equal Protection Clause of the Fourteenth Amendment.

Milliken V. Bradley

A significant Supreme Court case in 1974 that ruled against a proposed plan to bus students across district lines to desegregate schools, essentially reinforcing suburban school segregation.

Supreme Court

The highest federal court in the United States, with ultimate appellate jurisdiction over all federal and state court cases involving issues of federal law, plus original jurisdiction over a small range of cases.

Cambodia Invasion

Refers to the military incursion by the United States and South Vietnamese forces into Cambodia in 1970 during the Vietnam War, aimed at disrupting North Vietnamese supply lines.