Multiple Choice
Which of the following occurred in the U.S.during the period of "the Great Moderation?"
A) inflation was brought under control
B) economic fluctuations were much less pronounced than in previous decades
C) the economy experienced a few negative quarterly GDP growth rates
D) all of the above
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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Q3: If we compare the Great Depression with
Q4: One of the assertions that Keynesians make
Q5: In the early 1930s interest rates were
Q6: According to the Keynesians, the Great Depression
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