The Term "The Great Moderation" Refers to

question 20

Multiple Choice

The term "the Great Moderation" refers to

• A)the fact that members of Congress collaborated much better in the 1980s or 1990s than in recent years
• B)the fact that inflation-adjusted housing prices stayed fairly constant from 1950 to 1975
• C)the period in the 1930s after the New Deal was implemented
• D)the period after the Great Recession when the economy started to grow only slowly
• E)the period from 1980 to 2007 when economic cycles were kept at a minimum

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Definitions:

Static Charge

An unbalanced electrical charge confined to an object's surface, resulting from friction or induction.

Walking Across Carpet

An action that can cause the build-up of static electricity due to friction between two materials, leading to electrostatic discharge.

High-Voltage DC

A system used for the transmission of electrical power over long distances with high voltage in direct current form, reducing power losses and increasing transmission efficiency.

Negative Charge

An electrical charge characterized by the presence of more electrons than protons, resulting in a net decrease in electrical potential.