During the U.S.Great Moderation,________

question 85

Multiple Choice

During the U.S.Great Moderation,________.

• A)the volatility in the inflation rate declined by 50%
• B)the volatility in the rate of growth of real output declined by 33%
• C)the economy stabilized from the higher uncertainty of the 1970s
• D)all of the above
• E)none of the above

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Definitions:

Uplift

The vertical elevation of the Earth's surface due to natural causes such as tectonic movements or volcanic activity.

Terraces

Flat, step-like surfaces on a sloped piece of land, created either by natural processes like river erosion and glacial activity or by human agricultural practices.

Active Channel

The portion of a river or stream that is currently used for the flow of water, often subject to frequent changes in course and volume.

Thunderstorms

Violent weather phenomena characterized by the presence of lightning and thunder, often accompanied by heavy rainfall.