Over the past 150 years,the U.S.economy has endured a recession on average about every:
A) one to two years.
B) four to five years.
C) 10 to 15 years
D) 50 years

Question

Quizplus · Accepted Answer

The correct answer is B) four to five years. According to the National Bureau of Economic Research (NBER), the U.S. economy has experienced 33 recessions between 1854 and 2020. This equates to a recession on average every four to five years. However, the length and severity of each recession vary.

Over the Past 150 Years,the U