The Great Moderation Refers to

Multiple Choice

The Great Moderation refers to

A) Dramatic fall in business cycle volatility that occurred from the mid-1980s to the mid-2000s
B) The general fall in business cycle volatility after the second world war
C) The fall in global output that occurred after 2007
D) Improved monetary policy since the mid-1980s
E) Improved fiscal policy since the mid-1980s