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The 2007-2009 Recession Was Caused By

Question 56

Multiple Choice

The 2007-2009 recession was caused by:


A) an increase in demand following a rapid increase in the money supply.
B) a drop in aggregate supply caused by a slowdown in productivity growth.
C) a decrease in supply caused by an increase in oil prices.
D) a decrease in aggregate demand triggered by a financial crisis.

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