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The Following Data Give the Dates of Successive Turning Points

question 118

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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.  
 Turning Paint  Date  Real GDP (1996 $ billims)   (A)   Feb. 19612352.9 (B)   Dec. 19693571.4 (C)   Nov. 19703566.5 (D)   Nov. 19734151.1 (E)   Mar. 19754010.0\begin{array} { | c | c | c | } \hline \text { Turning Paint } & \text { Date } & \text { Real GDP (1996 \$ billims) } \\\hline \text { (A) } & \text { Feb. } 1961 & 2352.9 \\\hline \text { (B) } & \text { Dec. } 1969 & 3571.4 \\\hline \text { (C) } & \text { Nov. } 1970 & 3566.5 \\\hline \text { (D) } & \text { Nov. } 1973 & 4151.1 \\\hline \text { (E) } & \text { Mar. } 1975 & 4010.0 \\\hline\end{array}  
Which of the following periods was an expansion?

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