Question: Which statement is true? (LO4, 5) a) There was a great deal of stagfl ation in the 1970s. b) We had full employment for most

Which statement is true? (LO4, 5)

a) There was a great deal of stagfl ation in the 1970s.

b) We had full employment for most of the 1980s.

c) We have had seven recessions since World War II.

d) None of the above.

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