Author Question: The economic cycles of boom and bust have been constant, but the U.S. government did not try to ... (Read 23 times)

MirandaLo · **on:** Jul 9, 2018

The economic cycles of boom and bust have been constant, but the U.S. government did not try to prevent these cycles until what decade?

a. 1820s
b. 1860s
c. 1910s
d. 1930s

Question 2

A period of prolonged high unemployment with a period of decline in the gross national product (GNP) is called __________.

a. a recession
b. a depression
c. inflation
d. stagflation