Since World War II, the average length of recessions in the United States has been:
A) 2 months.
B) 11 months.
C) 2 years.
D) 3 1/2 years.
Correct Answer:
Verified
Q2: Economists use the phrase "business cycle" when
Q4: A business cycle is the:
A) period of
Q6: As a general rule, a recession occurs
Q8: The period of declining growth in real
Q9: The period during which real GDP falls
Q10: A business cycle is the period of
Q13: Which of the following is associated with
Q15: A phase in the business cycle in
Q20: The phase of the business cycle that
Q40: Economists usually use the term "recession" to
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