Refer to the Information for This Hypothetical Economy Provided in Table

question 188

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.

---

Definitions:

Precedent

An authoritative legal ruling or procedural method that sets a precedent for handling future cases that are similar or related.

Unanimous Opinion

A judicial decision or legal opinion in which all the judges or justices agree on the outcome and reasoning.

Memorandum

A written message or note, often informal, used within an organization or between organizations to communicate information.

Precedent

A legal principle or rule established in a previous court case that is either binding on or persuasive for a court when deciding subsequent cases with similar issues or facts.