For the investor's purposes, a normal business cycle (peak to peak or trough to trough) lasts approximately ________, as reported by the National Bureau of Economic Research (based on the last eight peace time business cycles).

Question

Quizplus · Accepted Answer

Based on the last eight peace time business cycles, the normal business cycle lasts approximately 65 to 66 months according to the National Bureau of Economic Research.

For the Investor's Purposes, a Normal Business Cycle (Peak to Peak