In the period 1960–95, the cycles of upturns and downturns in the ec

In the period 1960–95, the cycles of upturns and downturns in the economy (booms and recessions)

(a) were eliminated as knowledge of how the economy operated grew.
(b) continued to occur, although not nearly as severely as prior to World War II.
(c) grew even worse than prior to World War II.
(d) were equally as bad as the period prior to World War II.

ANSWER

(b)