Which of the following is a true statement about the Great Recession that began in 2008?
A)Consumers brought spending more in line with their incomes.
B)Consumers quickly regained confidence in the economy.
C)The average home value increased after the stock market plunge.
D)Decreasing energy prices provided consumers with unexpected savings.
E)The economic crisis caused a short- term change in consumers' spending habits.

Question

Quizplus · Accepted Answer

During the Great Recession, consumers adjusted their spending to better align with their incomes due to economic uncertainty and financial constraints.

Which of the Following Is a True Statement About the Great