Christina Romer's estimates of the business cycles prior to World War II showed that
A) the business cycles had greater fluctuations before World War II than previous estimates had shown.
B) the business cycles had smaller fluctuations before World War II than previously estimated, but still larger fluctuations than after World War I.
C) the business cycles had smaller fluctuations before World War II.
D) there was no difference in the size of business fluctuations prior to and after World War II.
Correct Answer:
Verified
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