Which Statement Best Characterizes Canadian Business Cycle Activity Since 1980

question 105

Multiple Choice

Which statement best characterizes Canadian business cycle activity since 1980?  

• A) Only one business cycle has occurred. 
• B) No recessions have occurred. 
• C) Expansions have generally lasted longer than contractions. 
• D) Each cycle has lasted longer than the previous one.

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Definitions:

Earnings Potential

The maximum amount of money an individual, asset, or company could potentially earn.

Slope

In mathematics, it refers to the measure of the steepness, incline, or grade of a straight line, quantitatively describing the change in the vertical direction for a unit change in the horizontal direction.

Stock Return

The gain or loss on a stock investment, usually expressed as a percentage of the investment's initial cost.

Market Return

The total return on investment in the stock market, considering both capital gains and dividends.