In 2001, the value of technology stocks combined with events of terror to produce what economic effect? a) a boom b) recession c) deflation d) a depression

B)recession

Explanation:

After the attacks of September 11, 2001, the US opted for market deregulation, tax and interest rate decreases and the expansion of credit, causing a housing bubble in the so-called subprime mortgages. To this we had to add the multimillion dollar expenditures in the war in Afghanistan and the war in Iraq6 that could cost from 2 trillion dollars to 6 trillion in total.

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