According to official statistics for the United States, since the Great Depressi

Question

According to official statistics for the United States, since the Great Depression: A. economists are confident in that the business cycle has been tamed. B. the economy has constantly had positive real GDP growth rates. C. the economy only had longer recessions than expansions during the 1960s and 1990s. D. the economy has not had another severe and prolonged economic downturn comparable to it. According to official statistics for the United States, since the Great Depression: A. economists are confident in that the business cycle has been tamed. B. the economy has constantly had positive real GDP growth rates. C. the economy only had longer recessions than expansions during the 1960s and 1990s. D. the economy has not had another severe and prolonged economic downturn comparable to it.

Explanation / Answer

A. is not answer

since there were crisis in 2008

B is not answer since in 90's there were period of negative gdp

C crisis in 60's and 90's were shortlived and less damaging

thus clearly answer is

D the economy has not had another severe and prolonged economic downturn comparable to it.

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