Which of the Following Was Not an Explanation for the Lower

question 50

Multiple Choice

Which of the following was not an explanation for the lower volatility of the U.S. economy during the 25-year period that preceded the Great Recession?

• A) Improved monetary policy
• B) Positive structural change in the economy
• C) Increased government spending
• D) Good luck

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Definitions:

Mediator

A neutral third party who assists in negotiations and conflict resolution between disputing parties.

Interest Group

An organization of people who share common goals and unite to influence public policy and opinion.

Federal Executive Agency

An administrative agency of the federal government of the United States, acting under the direct authority of the President or the U.S. cabinet.

National Science Foundation

A federal agency in the United States that supports fundamental research and education in all the non-medical fields of science and engineering.