Refer to the Information for This Hypothetical Economy Provided in Table

Multiple Choice

Refer to the information for this hypothetical economy provided in Table 20.2 below to answer the question(s) that follow.
Table 20.2
2014 2015 2016

-Refer to Table 20.2. In this economy, an expansion existed around the

A) fourth quarter of 2014 to the fourth quarter of 2015.
B) third quarter of 2014 to the third quarter of 2015.
C) first quarter of 2015 to the first quarter of 2016.
D) first quarter of 2016 to the fourth quarter of 2016.