Of the Following Statements Regarding Macroeconomic Performance Since 1960, Which

question 8

Multiple Choice

Of the following statements regarding macroeconomic performance since 1960, which is not true?

• A) The 1980s and 1900s are the longest peacetime expansions the United States has experienced.
• B) Since the mid-1980s, real GDP fluctuations have fallen substantially.
• C) The period from the late 1960s through the mid-1980s is characterized by both high inflation and large GDP fluctuations.
• D) Since the mid-1980s, both inflation and real GDP fluctuations have fallen substantially.
• E) The period from the late 1960s through the mid-1980s is characterized by low inflation and large GDP fluctuations.

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Definitions:

International Trade

International trade involves the exchange of goods and services across national borders, driven by the principles of supply and demand.

Balance of Payments Deficit

A situation where the total of the country's imports and its external payments exceeds the total of its exports and external receipts.

Net Inflow

The measurement of the total amount of money being transferred into a particular entity, sector, or system, minus the amount leaving it.

Net Outflow

The total amount of money leaving a country or economy as a result of outflows exceeding inflows, often related to international trade, investments, and financial transactions.