The U.S.economy in the mid-2000s did not experience stagflation because
A)energy prices declined.
B)the energy content of GDP declined.
C)it became more volatile since 1980.
D)All of these responses are correct.

Question

Quizplus · Accepted Answer

The energy content of GDP declined, meaning the economy became less dependent on energy, reducing the impact of energy price fluctuations on overall economic performance.

The USEconomy in the Mid-2000s Did Not Experience Stagflation Because