Which of the Following Occurred in the U

question 2

Multiple Choice

Which of the following occurred in the U.S.during the period of "the Great Moderation?"

• A)inflation was brought under control
• B)economic fluctuations were much less pronounced than in previous decades
• C)the economy experienced a few negative quarterly GDP growth rates
• D)all of the above
• E)none of the above

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Definitions:

Mexican

A term referring to something or someone originating from Mexico, a country in North America.

Inevitable

Something that cannot be avoided or is certain to happen.

Irreversible

Describes a process or action that cannot be undone or altered once it has occurred.

Cultural Ritualism

The practice and repetition of formalized actions and ceremonies in a culture, often imbued with symbolic meaning and importance.