Which of the Following Explains Why Fluctuations in Real GDP

question 163

Multiple Choice

Which of the following explains why fluctuations in real GDP have become less volatile in the United States since 1950?

• A)Services have become a smaller fraction of GDP since the 1950s.
• B)Unemployment insurance and other government transfer programs are more prevalent since the 1950s.
• C)The government has become more reluctant to intervene when real GDP declines and unemployment rises since the 1950s.
• D)both B and C

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Definitions:

Sell-Side Marketplace

An online platform or marketplace where sellers offer their products or services to potential buyers.

E-Marketplace

An online platform where buyers and sellers meet to exchange goods, services, or information, often facilitated by a third-party.

Forward Auctions

A traditional auction format where an item or service is offered to multiple buyers, and the price increases with each new bid until the highest bid wins.

Sell-Side Marketplaces

Online platforms where sellers list products or services for sale to potential buyers in a digital environment.