Which of the Following Is True Regarding Economic Fluctuations in the United

question 114

Multiple Choice

Which of the following is true regarding economic fluctuations in the United States?

• A)Since World War II, economic ups and downs have been more moderate than before the war.
• B)Prior to World War II, real GDP annual increases of more than 5 percent were unheard of.
• C)Real GDP grew rapidly during the 1930s.
• D)The 1920s was a period of prolonged economic stagnation and high unemployment.

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A legal document guaranteeing the payment of a specific amount of money, either on-demand or at a set time, with the payer named on the document.

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A plastic card issued by a bank or financial institution to access one's account and withdraw cash from automated teller machines.

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The act of informing someone of something through a formal or official means.