The Great Moderation Is a Period of Reduced Variability in Real

question 37

Multiple Choice

The Great Moderation is a period of reduced variability in real GDP that

• A) applies well to the experience in the U.S. from 1980-2007, but less so in Canada.
• B) applies well to the experience in Canada from 1980-2007, but less so in the U.S.
• C) was perceived to have occurred but really did not.
• D) applies well to the experience in the U.S. and Canada from 1940-1980.
• E) applies well to the experience in Canada since 2010, but less so in the U.S.

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Definitions:

Puts()

A function in C programming language used to print a string to the standard output, followed by a newline character.

Substitutes

Replacement items or alternatives that can be used in place of original items, in programming this can refer to alternative code paths or values.