As a Result of Slow Economic Growth Following the Recession

question 162

Multiple Choice

As a result of slow economic growth following the recession of 2007-2009,companies including Intel and Worthington Industries cut production and employment in 2015 as a result of the sluggish growth in the total amount of spending in the economy.The total amount of spending in the economy is known as

• A)deficit spending.
• B)planned investment spending.
• C)aggregate expenditure.
• D)equilibrium spending.

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Definitions:

Automotive Engine

A type of engine designed specifically for use in vehicles, converting fuel into mechanical energy to power automotive movement.

Joint Venture

is a business arrangement where two or more parties collaborate on a specific project or business activity, sharing resources, risks, and rewards.

Patented Semiconductor Technology

A unique and legally protected technology related to semiconductor devices, which has been officially registered with a patent office.

Royalty Payments

Financial payments made for the use of someone else's property, typically intellectual property like patents, copyrighted material, or trademarks.