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    Exam 15: Stabilization Policy, Output, and Employment
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    Compared to the 1910-1960 Period, During the Past 50 Years
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Compared to the 1910-1960 Period, During the Past 50 Years

Question 24

Question 24

Multiple Choice

Compared to the 1910-1960 period, during the past 50 years the severity of macroeconomic fluctuations has


A) increased.
B) decreased.
C) changed little.
D) increased, but the general level of prices has been more stable.

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