The U.S.economy experienced fluctuations in employment and output over the last half of the twentieth century.However,the length of the average recession has been about the same as the length of the average expansion.

Question

Quizplus · Accepted Answer

Historically, economic expansions in the U.S. have tended to last longer than recessions, with expansions often lasting several years while recessions are typically shorter in duration.

The USEconomy Experienced Fluctuations in Employment and Output Over the Last