Which of the following is true about the United States?
A)There have been recessions approximately every ten years.
B)The pattern of recessions does not occur on a regular basis.
C)Periods of economic growth and recessions occur in two-year patterns.
D)Recessions always last less than one year.
E)Recessions in the United States are generally more severe than they are in other countries.

Question

Quizplus · Accepted Answer

While there have been recessions approximately every ten years in the past, the pattern is not consistent and can be influenced by a variety of factors. Therefore, it cannot be said that recessions occur on a regular basis.

Which of the Following Is True About the United States