The Sharp Swing in Core Inflation in 2008-2009 Was Due

question 73

Multiple Choice

The sharp swing in core inflation in 2008-2009 was due to:

• A) movements in energy prices.
• B) the sharp decline in housing prices.
• C) There was no sharp swing in core inflation.
• D) rapid increases in wages.
• E) rapidly rising unemployment.

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Definitions:

Impressment

The act of forcibly taking men into military service without their consent, especially used by British Royal Navy against American seamen in the early 19th century.

Confederate Government

The government established by the southern states that seceded from the United States in 1861, leading to the American Civil War; it sought to preserve states' rights, including the right to slavery.

Slaveholders

Individuals or entities that owned slaves, particularly prevalent in the contexts of pre-Civil War America and other societies where slavery was legally practiced.

Physical Assessment

The systematic examination of the body by a healthcare provider, using observation, palpation, percussion, and auscultation, to detect any signs of disease or abnormalities.