In the United States,the most recent period in which the unemployment rate stayed below the natural unemployment rate for several consecutive years was
A)the early 1930s.
B)the late 1940s.
C)the late 1960s.
D)the mid 1980s.
E)the late 1990s.

Question

Quizplus · Accepted Answer

The late 1990s saw a period of sustained economic growth and low unemployment, with the unemployment rate staying below the natural unemployment rate from 1997 to 2000. This was due in part to the dot-com boom, increased productivity, and a favorable global economic environment.

In the United States,the Most Recent Period in Which the Unemployment