Which of the following is true about the U.S.economy from 1992 to 1999?
A)It performed above average based on most measures.
B)It had the lowest unemployment levels of the century.
C)It experienced zero inflation most years.
D)It experienced sluggish growth in GDP most years.

Question

Quizplus · Accepted Answer

The U.S. economy performed above average during this time period, with GDP growth averaging around 3.7% per year and unemployment rates declining from 7.5% in 1992 to 4.2% in 1999. However, inflation did occur, with an average rate of 2.5% per year.

Which of the Following Is True About the U