The period in the U.S.economy from 1995 to 2012 is characterized by:

Question

Quizplus · Accepted Answer

The period from 1995 to 2012 was marked by a higher trend rate of productivity growth. This is evident in the strong performance of the technology sector during this period, as well as the overall growth in output per worker. There is no evidence to suggest a higher trend rate of saving, and while the natural rate of unemployment did shift somewhat over this period, it did not rise significantly. Finally, the end of the business cycle is not a characterization of this period, as there were several business cycles during this period.

The Period in the U