The Period of Reduced Volatility from the Late 1980s to the Mid-2000s

Multiple Choice

The period of reduced volatility from the late 1980s to the mid-2000s was characterized by:

A) low inflation, low unemployment and stable growth.
B) low inflation, high unemployment and low growth.
C) high inflation, high unemployment and unstable growth.
D) low inflation, low unemployment and poor growth.