Immediately following the years 1929–1933, the U.S. economy

Question

Multiple Choice

experienced World War II, which resulted in rapid growth and rapid deflation.

resumed growing at the long-term trend for real GDP of 3 percent every year.

suffered sporadic decreases in the growth rate of GDP.

grew dramatically and steadily over a 20-year period with a record long growth period.

Answer 1

grew dramatically and steadily over a 20-year period with a record long growth period.