Which of the following played a role in depressing aggregate demand in 2001?
A)the end of a stock-market bubble
B)corporate accounting scandals
C)the terrorist attacks on September 11 of that year
D)All of the above are correct.

Question

Quizplus · Accepted Answer

All of the above factors contributed to depressing aggregate demand in 2001. The end of the stock-market bubble reduced household wealth and consumption, while the corporate accounting scandals reduced business investment. Additionally, the terrorist attacks on September 11 severely disrupted the economy, particularly the air travel industry and consumer confidence.

Which of the Following Played a Role in Depressing Aggregate