International & Economic Relations Unit Test

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Question
Which of the following is an effect of actions taken by the government during the Great Recession of 2007?(1 point)
Responses

increase in consumer and business spending
increase in consumer and business spending

increase in unemployment as businesses closed
increase in unemployment as businesses closed

decrease in spending as debt increased
decrease in spending as debt increased

decrease in spending on housing and cars

1 answer

The correct response is:

increase in unemployment as businesses closed

During the Great Recession of 2007, many businesses faced financial difficulties leading to closures and layoffs, resulting in increased unemployment.