Figure 5-2

-The economy in the period 1950 to 1998 behaved differently than the economy in the 1870 to 1940 time period.Economists explain this difference
A)in part because of the use of stabilization policy.
B)because of increases in U.S.population due to the "baby boom."
C)in part because of the globalization of the economy.
D)in part because of the use of competition policy.

Question

Figure 5-2
​ 
-The economy in the period 1950 to 1998 behaved differently than the economy in the 1870 to 1940 time period.Economists explain this difference
A)in part because of the use of stabilization policy. 
B)because of increases in U.S.population due to the "baby boom." 
C)in part because of the globalization of the economy. 
D)in part because of the use of competition policy.

Quizplus · Accepted Answer

Stabilization policies, such as fiscal and monetary policies, were more actively used in the post-World War II era to manage economic fluctuations, contributing to differences in economic behavior compared to the earlier period.

Figure 5-2 ​

Figure 5-2