Question

1 true or false 1 point
during the great recession, well - paying, full - time jobs were often replaced by low - paying, part - time jobs.
true
false
2 multiple choice 1 point
under which presidency did the great recession start?
george h. w. bush
bill clinton
barack obama
george w. bush
3 true or false 1 point
before the great recession hit, banks only gave loans to those who were clearly able to make their payments.
true
false

Explanation:

Question 1

During the Great Recession, economic downturn led to many employers cutting costs by replacing well - paying full - time jobs with low - paying part - time jobs to reduce expenses like benefits. So the statement is true.

The Great Recession started in December 2007. George W. Bush was president at that time (his presidency was from 2001 - 2009). George H.W. Bush's presidency was earlier, Bill Clinton's was before Bush's second term, and Obama took office during the recession.

Before the Great Recession, banks engaged in sub - prime lending, giving loans to borrowers with poor creditworthiness (who were not clearly able to make payments) to expand their mortgage portfolios. So the statement is false.

Answer:

True

Question 2