The period in the U.S. economy from 1995 to 2012 is characterized by:

A. a higher trend rate of saving.
B. a higher natural rate of unemployment.
C. a higher trend rate of productivity growth.
D. the end of the business cycle.

C. a higher trend rate of productivity growth.

Economics

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Specific tariffs are collected as

A) fixed amounts of money per unit traded. B) a percentage of the price of the product. C) a percentage of the quantity of imports. D) All of the above.

Economics

Assume goods X and Y are substitutes. An increase in the price of X would cause the demand for Y to increase

Indicate whether the statement is true or false

Economics