Multiple Choice
Economists Andy Kwan and John Cotsomitis' work indicates the fall in consumption spending during the 2008-2009 recession would have been caused, in large part, by
A) lower housing wealth.
B) higher interest rates.
C) lower planned investment.
D) a fall in consumer confidence.
E) insufficient government stimulus spending.
Correct Answer:
Verified
Correct Answer:
Verified
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