Why Was the 2007 to 2009 Recession in the United

Multiple Choice

Why was the 2007 to 2009 recession in the United States not classified as a depression?

A) Although unemployment was high, output also was high, so the event did not meet the criteria for a depression.
B) Prices were falling in 2007 to 2009, but inflation must be present for the classification of depression.
C) From 2007 to 2009, the number of jobs rose even though the unemployment rate rose.
D) The decrease in output and increase in unemployment were not severe enough to warrant the classification.