The structural stagnation hypothesis provides a general explanation for why:
A)the economy is experiencing a weak recovery.
B)a bubble occurred in the housing market.
C)demand-side policies have been successful in the economic recovery in 2010-12.
D)the economy is experiencing such a strong recovery.

Question

Quizplus · Accepted Answer

The structural stagnation hypothesis suggests that the economy is experiencing a weak recovery due to underlying structural problems, such as changes in technology, demographics, or global competition, that inhibit growth and make it difficult for traditional monetary and fiscal policies to stimulate the economy effectively.

The Structural Stagnation Hypothesis Provides a General Explanation for Why