Consider the Period from 1995 to 1999

question 48

Multiple Choice

Consider the period from 1995 to 1999. The U.S. economy:

• A) experienced the great productivity slowdown.
• B) experienced increases in productivity that allowed the Fed the opportunity to raise the inflation rate.
• C) experienced increases in productivity that allowed the Fed the opportunity to let the inflation rate fall.
• D) saw its potential level of output decrease.