Prior to World War II

question 164

Multiple Choice

Prior to World War II,

• A) the growth of real GDP was more stable than has been the case since the war.
• B) the growth of real GDP was less stable than has been the case since the war.
• C) unemployment seldom exceeded 4 percent of the labor force.
• D) double-digit swings in real GDP during a single year were unheard of.

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Definitions:

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