The U.S.economy of the mid 1980s through 2007 is typically referred to as ________.
A)"The Great Depression"
B)"The Great Inflation"
C)"The Great Moderation"
D)all of the above
E)none of the above

Question

Quizplus · Accepted Answer

The term "The Great Moderation" refers to the period of relatively stable economic growth and low inflation in the United States from the mid-1980s to 2007. Options A and B are incorrect as they refer to different periods in US economic history. Option D is incorrect as it includes all three options, which is not correct.

The USEconomy of the Mid 1980s Through 2007 Is Typically Referred