During the Great Moderation experienced in the United States during the 1990s the volatility of inflation and growth:
A) moved in opposite directions.
B) both dropped significantly.
C) both increased but only slightly.
D) disappeared.

Question

Quizplus · Accepted Answer

During the Great Moderation, both the volatility of inflation and growth dropped significantly. This is one of the characteristic features of the Great Moderation.

During the Great Moderation Experienced in the United States During