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Each of the Following Facts About the Economy of the United

Question 4

Multiple Choice

Each of the following facts about the economy of the United States over the decade of the 1990s is true except


A) real GDP has grown at an average rate of 3.7 percent per year.
B) the unemployment rate has fluctuated around an average level consistent with stable inflation of 4.5 to 5.0 percent.
C) net exports have been consistently positive.
D) the inflation rate has averaged about 1.8 percent per year.

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