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Which of the Following Is True of the Great Recession

Question 40

Multiple Choice

Which of the following is true of The Great Recession of 2008-2009?


A) The crisis showed,for better or worse,how isolated the global economy had become.
B) Globalization was widely regarded as a minor factor in causing the crisis.
C) Global output,trade,and investment plummeted,while unemployment skyrocketed.
D) The crisis led to massive government bailouts of failed firms in the United States but not elsewhere in the world.

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