Statement I: Since the end of World War II our economic expansions have been much longer than our contractions.
Statement II: Our longest economic expansion since the end of World War II was for 10 years.

Question

Quizplus · Accepted Answer

Statement I is true, as economic expansions have been longer than contractions since World War II. Statement II is also true, as the longest economic expansion lasted for 10 years from 1991 to 2001. Therefore, both statements are true.

Statement I: Since the End of World War II Our