based on what you have learned, choose each response below that correctly describes america’s economic…

based on what you have learned, choose each response below that correctly describes america’s economic situation at the time of the 2008 election. check all of the boxes that apply. a balanced federal budget banks in crisis economic growth growing unemployment falling home prices done

based on what you have learned, choose each response below that correctly describes america’s economic situation at the time of the 2008 election. check all of the boxes that apply. a balanced federal budget banks in crisis economic growth growing unemployment falling home prices done

Answer

Answer:

B. banks in crisis, D. growing unemployment, E. falling home prices

Brief Explanations:

In 2008, the U.S. faced the global - financial crisis. Banks were in crisis due to sub - prime mortgage defaults. Unemployment grew as businesses cut jobs. Home prices fell as the housing bubble burst. There was no balanced federal budget or economic growth at that time.