One of the most significant factors causing the recession of 2007-2009 was

A. very low interest rates maintained by the Federal Reserve.
B. the bursting of the housing bubble.
C. the huge federal government budget surplus.
D. very low, crude oil prices.

Answer: B

Economics

You might also like to view...

In 2007, the value of the American dollar rose relative to the euro

a. True b. False Indicate whether the statement is true or false

Economics

Borda count is a voting method often used in polls that rank sports teams

a. True b. False Indicate whether the statement is true or false

Economics