The Following Data Give the Dates of Successive Turning Points

question 65

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. Which of the following periods was an expansion?

• A) November 1970 through November 1973
• B) December 1969 through November 1970
• C) November 1970 through March 1975
• D) December 1969 through November 1973

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