Which of the following is true about the U.S.economy?
A)It has been able to do away with the business cycle.
B)It still experiences periods of inflation and unemployment.
C)It had greater economic problems than other Western countries in the 1990s.

Question

Quizplus · Accepted Answer

Despite efforts to stabilize the economy, the US still experiences periods of inflation and unemployment. Option A is false because no economy has been able to completely do away with business cycles. Option C is false as the US had fewer economic problems than many Western countries in the 1990s.

Which of the Following Is True About the U