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(Table) Look at the Above Table (Macroeconomic Data for Econoland);

Question 72

Multiple Choice

(Table) Look at the above table (Macroeconomic Data for Econoland) ; which time period covers one complete business cycle with no duplicate stages?  Quarter  GDP  Unemployment  rate 1 st 2014  S800 billion 5% 2nd 2014  s808 billion 4%3 rd 2014 $808 billion 4% 4th 2014 5800 billion 5%1 st 2015  S790 billion 6% 2nd 2015 5790 billion 6% 3rd 2015  $795 billion 5.5% 4th 2015  s800 billion 5%1 st 2016 5800 billion 5% 2nd 2016  S785 billion 6.5% 3rd 2016 5780 billion 7% 4th 2016  S790 billion 6%\begin{array} { | l | l | l | } \hline \text { Quarter } & \text { GDP } & \begin{array} { l } \text { Unemployment } \\\text { rate }\end{array} \\\hline 1 \text { st 2014 } & \text { S800 billion } & 5 \% \\\hline \text { 2nd 2014 } & \text { s808 billion } & 4 \% \\\hline 3 \text { rd 2014 } & \$ 808 \text { billion } & 4 \% \\\hline \text { 4th 2014 } & 5800 \text { billion } & 5 \% \\\hline 1 \text { st 2015 } & \text { S790 billion } & 6 \% \\\hline \text { 2nd 2015 } & 5790 \text { billion } & 6 \% \\\hline \text { 3rd 2015 } & \text { \$795 billion } & 5.5 \% \\\hline \text { 4th 2015 } & \text { s800 billion } & 5 \% \\\hline 1 \text { st 2016 } & 5800 \text { billion } & 5 \% \\\hline \text { 2nd 2016 } & \text { S785 billion } & 6.5 \% \\\hline \text { 3rd 2016 } & 5780 \text { billion } & 7 \% \\\hline \text { 4th 2016 } & \text { S790 billion } & 6 \% \\\hline\end{array}


A) 2nd quarter 2014 through 1st quarter 2015
B) 2nd quarter 2014 through 2nd quarter 2016
C) 4th quarter 2014 through 4th quarter 2016
D) 4th quarter 2014 through 1st quarter 2016

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