The loss of jobs as a result of the September 11, 2001, attack in New York
A)affected all sectors of the economy because of the multiplier effect
B)affected only the airline and travel industries
C)had little effect on the national economy
D)was concentrated in New York City
E)explains why job losses are larger within a state than for the nation as a whole

Question

Quizplus · Accepted Answer

The September 11, 2001 attack had a significant impact on the economy, and it affected all sectors because of the multiplier effect. The collapse of the World Trade Center towers led to a decline in demand for goods and services, which resulted in job losses across various industries. The financial sector in New York City was also heavily impacted. The ripple effects of the tragedy were felt throughout the nation and the global economy.

The Loss of Jobs as a Result of the September