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In 2008, the entire world fell into a(n) __________ because of a temporary decline in economic activity. A. reduction B. recession C. expansion D. withdrawal |
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Answer» B.recessionExplanation:because the economic boom and bust system in 2008 the WORLD hit a bust lowering the economy. This bust was caused by the " subprime mortgage crisis" that linked US and EUROPE. The crisis is caused HOUSE DEBT and real estate bubbles. |
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