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The Great Moderation Describes the Period

Question 118

Multiple Choice

The Great Moderation describes the period


A) between 1990 and 2005 when real GDP grew significantly more slowly than did potential GDP.
B) of relatively steady growth in real GDP after the year 2000.
C) of relatively steady growth in real GDP between 1991 and 2008.
D) of very slow growth in real GDP after 1990.
E) between 2000 and 2008 when potential GDP did not increase.

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