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    Macroeconomics Policy and Practice
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    Exam 8: Business Cycles: an Introduction
  5. Question
    The "Great Moderation" Refers to ________
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The "Great Moderation" Refers to ________

Question 77

Question 77

Multiple Choice

The "Great Moderation" refers to ________.


A) sharp declines in asset prices
B) the long economic expansion of the 1960s
C) the mild economic recoveries of the 1970s and early 1980s
D) the "oil tax" of the 1970s
E) none of the above

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