Which of the Following Statements About U

question 108

Multiple Choice

Which of the following statements about U.S. business cycles since 1945 is true?

• A) Expansions are shorter and recessions are longer.
• B) Expansions are longer and recessions are shorter.
• C) Expansions and recessions are shorter.
• D) Expansions and recessions are longer.
• E) The duration of expansions and recessions have remained roughly the same.

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Definitions:

Shipping

The process of transporting goods by means of sea, land, or air from one location to another.

Dallas

A city in the U.S. state of Texas known for its cultural activities, historical sites, and being a major economic center.

Demand Constraint

A limitation in operational research and economics that restricts the quantity of goods or services that can be demanded.

Distribution Center

A specialized building or area where products are stored and distributed to retailers, wholesalers, or directly to consumers.