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

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


Definitions:

Incremental Value

The additional or excess value that an activity, project, or entity generates compared to a baseline scenario.

Shares Outstanding

The total number of shares of a company that are currently owned by investors, including restricted shares.

Equity-Financed

A method of funding a company's operations by issuing shares to investors, rather than taking on debt.

Incremental Value

The additional value generated by undertaking a specific action or investment compared to not doing so.

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