Multiple Choice
The U.S. Great Recession of 2007 to 2009 was caused by:
A) a contractionary supply shock.
B) an expansionary supply shock.
C) a contractionary demand shock.
D) an expansionary demand shock.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q60: When aggregate demand declines, an economy will
Q61: Which of the following would NOT shift
Q62: Which of the following would NOT cause
Q63: The aggregate supply and aggregate demand model
Q64: (Figure: Decline in Aggregate Demand) The figure
Q66: Which of the following might cause demand-pull
Q67: Aggregate demand is the:<br>A) total demand for
Q68: Changes in what five things will cause
Q69: (Figure: Increase in Aggregate Demand) The figure
Q70: Which of the following are associated with