According to official statistics for the United States, since the Great Depression:
A) economists are confident that the business cycle has been tamed.
B) the economy has constantly had positive real GDP growth rates.
C) the economy had longer recessions than expansions only during the 1960s and 1990s.
D) the economy has not had another severe and prolonged economic downturn comparable to it.
Correct Answer:
Verified
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Q84: Long-run growth is a(n):
A) sustained upward trend
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A)
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A) growth per
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