A Depression Is

question 204

Multiple Choice

A depression is

• A) deflation with economic growth.
• B) a general increase in the price level.
• C) a prolonged and deep recession.
• D) most common in an expansionary economy.

---

Definitions:

Human Nature

The general psychological characteristics, feelings, and behavioral traits of humankind, regarded as shared by all humans.

Money Relationship

The way individuals perceive, interact, and manage their finances and views on money.

Analogy

A comparison between two things, typically for the purpose of explanation or clarification, highlighting similarities in some respects.

American Culture

The set of customs, traditions, language, values, and norms that are characteristic of the American people.