Which of the Following Factors Have Not Contributed to the "Great

question 84

Multiple Choice

Which of the following factors have not contributed to the "Great Moderation" of real GDP in the U.S. over the past 20 years?

• A) Better inventory management
• B) Better macroeconomic policy
• C) Greater availability of financial products for lending and borrowing
• D) Imposition of a ceiling on interest rates
• E) Smaller real shocks

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Definitions:

Wage Supplements

Additional financial benefits provided to employees on top of their regular wages, which could include bonuses, health insurance, or retirement benefits.

Personal Income

The total earnings of an individual from wages, investment interests, and other sources before any deductions or taxes.

Lorenz Curve

A widely used graph of the distribution of income, with cumulative percentage of households plotted along the horizontal axis and cumulative percentage of income plotted along the vertical axis.

Lorenz Curve

A graphical representation of the distribution of income or wealth within a society, showing the degree of inequality.