Which of the Following Best Summarizes the Main Causes of the Great

question 77

Multiple Choice

Which of the following best summarizes the main causes of the Great Recession?

• A) Oil-producing countries deliberately raised the price of petroleum,leading to inflation and a deep recession.
• B) The Federal Reserve raised short-term interest rates very high in an effort to decrease inflation,which also drove the economy into a recession.
• C) The end of overseas war efforts led to a deep decrease in federal spending,which reduced employment and caused a recession.
• D) The stock market collapsed following the end of a bubble in technology stock prices,which caused a decrease in investment spending and a recession.
• E) The collapse of housing prices led to decreased wealth and significant problems in financial markets,as well as a decrease in expected income and a stock market collapse.

---

Definitions:

Malpractice

Professional misconduct or failure to meet the standard of care by a professional, resulting in harm or injury to a client or patient.

Informed Consent

A process ensuring that an individual understands and agrees to participate in a procedure or activity, recognizing all potential risks and outcomes.

Educational Approach

A method or strategy used in teaching and learning to facilitate knowledge acquisition and skill development.

Intake Session

An initial meeting, often in therapy or counseling settings, aimed at assessing a client's needs and establishing a plan of action.