The Great Recession Began in ________ and Ended in ________

question 21

Multiple Choice

The Great Recession began in ________ and ended in ________.

• A) December 2007; June 2009
• B) December 2008; June 2010
• C) May 2008; March 2010
• D) June 2007; December 2009
• E) June 2007; June 2009

---

Definitions:

Merit Pay

Pay increases awarded in proportion to performance contributions.

Equality Principle

The ethical or ideological principle that individuals should be treated equally, with the same rights, opportunities, and respect, regardless of their differences.

Equal Employment Opportunity

A policy that ensures all individuals have an equal chance for employment, regardless of race, color, religion, sex, age, disability, or national origin.

Comparable Worth

The concept that jobs of equal value to an organization should receive equal pay, regardless of the job holders' gender, race, or other unrelated factors.