Q:

How, according to the passage, plunge in the economy devastated the life of the Americans?

• 1
  It has led to huge loss of revenues amounting almost $14 trillion
• 2
  due to degrading economy there has been voluminous cuts in spending
• 3
  it has led to a wide scale increase in the number of people buying homes.
• 4
  both (a) and (b)
• 5
  All of the above