Which of the following was not a factor that led to the recession that began at the end of 2007?
A)Commodity price inflation.
B)Increased government expenditure due to a war.
C)Financial crisis.
D)Collapse of the housing bubble.
E)Stock market collapse.

Question

Quizplus · Accepted Answer

Increased government expenditure due to a war was not a direct factor leading to the recession that began at the end of 2007. The primary factors were the financial crisis, the collapse of the housing bubble, commodity price inflation, and the subsequent stock market collapse.

Which of the Following Was Not a Factor That Led