In the United States since 1929 the duration of recessions on average has been:
A) longer than the duration of expansions.
B) shorter than the duration of expansions.
C) about the same duration as expansions.
D) shorter than the duration of expansions before World War II, but longer afterwards.
Correct Answer:
Verified
Q3: The end of a recession is called
Q9: The following data give the dates
Q10: A period in which the economy is
Q11: A depression is:
A)a particularly severe and protracted
Q12: The following data give the dates
Q13: During recessions, the change in real GDP
Q14: The following data give the dates
Q15: An informal definition of a recession is
Q16: The longest and most severe recession in
Q17: An expansion is:
A)a period in which the
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