Multiple Choice
Which of the following is a true statement about the length of recessions and expansions in the United States economy?
A) Prior to 1900,the length of expansions equaled the length of recessions.
B) Prior to 1900,the length of expansions were much less than the length of recessions.
C) Prior to 1900,the length of expansions were much longer than the length of recessions.
D) Prior to 1900,the length of recessions were brief and almost nonexistent.
Correct Answer:
Verified
Correct Answer:
Verified
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