During When Did the U

question 4

Multiple Choice

During when did the U.S.economy experienced the longest recession after World War II?

• A) between February 2005 and July 2008
• B) between December 2008 and January 2010
• C) between April 2007 and December 2009
• D) between December 2007 and June 2009

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Definitions:

Indirect Ownership Interests

Ownership in a company that is mediated through another entity, such as owning a parent company that in turn owns subsidiaries.

Parent Ltd Indirect Interest

An ownership interest held by a parent company in a subsidiary through another subsidiary rather than directly.

Multiple Consolidation

The process of integrating financial statements from multiple subsidiaries into one aggregated set of financial statements for the parent company.