The Recession That Began in 2008 Dispelled the Idea of the Great

question 162

True/False

The recession that began in 2008 dispelled the idea of The Great Moderation.

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Definitions:

Substance-Induced Dementia

Cognitive impairment and memory issues directly attributable to the prolonged use of psychoactive substances, including drugs and alcohol.

Korsakoff's Syndrome

A chronic memory disorder typically associated with heavy alcohol consumption over a long period, characterized by short-term memory loss, "making up" stories (confabulation), and apathy.

Wernicke's Encephalopathy

A serious neurological disorder caused by thiamine (vitamin B1) deficiency, typically associated with chronic alcoholism, characterized by confusion, unsteady gait, and eye movement abnormalities.

Central Nervous System

The part of the nervous system consisting of the brain and spinal cord, responsible for processing information and controlling responses.