During the period known as "the Great Moderation," the U.S.quarterly GDP growth rate

Question

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During the Great Moderation period, the fluctuations of the U.S. quarterly GDP growth rate were much less compared to the previous three decades. However, it did not consistently exceed 2 percent, nor did it remain at a fixed rate like 2.5 to 3.0 percent. Also, there were a few quarters where the GDP growth rate was negative. Therefore, the answer is C.

During the Period Known as "The Great Moderation," the U