The Following Data Give the Dates of Successive Turning Points

question 110

Multiple Choice

The following data give the dates of successive turning points in U.S. economic activity and the corresponding levels of real GDP at the time. $$\begin{array} { | c | c | c | } \hline \text { Turning Paint } & \text { Date } & \text { Real GDP (1996 \$ billims) } \\\hline \text { (A) } & \text { July } 1953 & 1992.2 \\\hline \text { (B) } & \text { May } 1954 & 1941.0 \\\hline \text { (C) } & \text { Apr. } 1957 & 2182.7 \\\hline \text { (D) } & \text { Apr. } 1958 & 2117.4 \\\hline \text { (E) } & \text { Apr. } 1960 & 2391.0 \\\hline\end{array}$$  
The economy experienced a recession that lasted from:

• A)July 1953 to May 1954.
• B)May 1954 to April 1957.
• C)July 1953 to April 1957.
• D)May 1954 to April 1958.

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Definitions:

Exercise

Exercise is a physical activity that is carried out to maintain or improve health and fitness, involving bodily movements that enhance physical strength, endurance, and flexibility.

Fasting

The voluntary abstention from eating and sometimes drinking for a defined period of time for health, religious, or other reasons.

Hypothalamus

An area in the brain situated beneath the thalamus, which is responsible for regulating the autonomic nervous system and the pituitary gland's function, overseeing the regulation of body temperature, thirst, hunger, and other systems that maintain bodily equilibrium.

Brain

The central organ of the nervous system, housed within the skull, responsible for complex functions such as thought, memory, emotion, and motor skills.