Multiple Choice
Which of the following is not a reason why the Australian economy has generally been more stable since 1950 than before that time?
A) Goods have become a larger fraction of GDP and services have become a smaller fraction of GDP.
B) The government has actively pursued economic policy to combat recessions and prolong expansions.
C) Unemployment benefits and other government programs curtail the decline in spending that occurs during a recession.
D) Services have become a larger fraction of GDP and goods have become a smaller fraction of GDP.
Correct Answer:

Verified
Correct Answer:
Verified
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