The Big Difference Between the Great Recession and the Recession

question 110

Multiple Choice

The big difference between the Great Recession and the recession of 1982 was:

• A) how the economy recovered after the recessions had officially ended.
• B) the increase in the unemployment rate that occurred during each recession.
• C) the quarterly real gross domestic product (GDP) growth rates at the official start of each recession.
• D) the length of each recession.
• E) the total decline in the economy during each recession.

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Definitions:

Confirmation Bias

The tendency to search for, interpret, favor, and recall information in a way that confirms one's preexisting beliefs or hypotheses, while giving disproportionately less consideration to alternative possibilities.

Mental Health

a state of well-being in which an individual realizes their own abilities, can cope with the normal stresses of life, work productively, and is able to make a contribution to their community.

Evidence-based Practice

The integration of clinical expertise, patient values, and the best research evidence into the decision-making process for patient care.

Clinical Decision Making

The process by which healthcare providers diagnose, treat, and manage patient care, based on clinical judgment, patient information, and evidence-based guidelines.