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By the Close of the 20th Century,it Was Said About

Question 3

Multiple Choice

By the close of the 20th century,it was said about recessions that:


A) There would be more recessions in the future and they would be more severe than past recessions.
B) Information technology could be used to warn businesses of potential economic slowdowns and companies could make adjustments.
C) Although there would no longer be any recessions, the new economy would experience more depressions.
D) The business cycle of 'boom' and 'bust' would be more rapid.
E) Economic slowdowns could be diverted by increasing interest rates and decreasing inflation.

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