Multiple Choice
In the post-World War II era
A) the business cycle has been about 25 to 30 percent smaller than prior to World War I.
B) the business cycle has been about 25 to 30 percent larger than prior to World War I.
C) inflation has been less of a problem than prior to World War I.
D) borrowing by households has decreased from what it was prior to World War I.
Correct Answer:

Verified
Correct Answer:
Verified
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