Which of the following was not an explanation for the lower volatility of the U.S. economy during the 25-year period that preceded the Great Recession?
A) Improved monetary policy
B) Positive structural change in the economy
C) Increased government spending
D) Good luck

Question

Quizplus · Accepted Answer

Increased government spending was not considered a primary explanation for the lower volatility of the U.S. economy during that period. Improved monetary policy, positive structural changes, and good luck were more commonly cited reasons.

Which of the Following Was Not an Explanation for the Lower