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Which of the Following Is True Regarding Economic Fluctuations in the United

Question 64

Multiple Choice

Which of the following is true regarding economic fluctuations in the United States?


A) Prior to World War II, economic ups and downs were more moderate than after the war.
B) Prior to World War II, annual increases in real GDP of more than 5 percent were unheard of.
C) Real GDP grew rapidly during the 1930s.
D) The 1930s was a period of prolonged economic stagnation and high unemployment.

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