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4. [Fill in the blank]: Between the decade starting in the 1980's to the decade starting in the 1990's, the volatility of output dropped by

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4. [Fill in the blank]: Between the decade starting in the 1980's to the decade starting in the 1990's, the volatility of output dropped by a factor of a phenomenon known as the Great Moderation. 5. Between 1970 and 2010, using the rule of thumb for declaring a recession, the longest recession during this time began in

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