Which of the Following Is a True Statement About the Length

question 217

Multiple Choice

Which of the following is a true statement about the length of recessions and expansions in the United States economy?

• A)Prior to 1900,the length of expansions equaled the length of recessions.
• B)Prior to 1900,the length of expansions were much less than the length of recessions.
• C)Prior to 1900,the length of expansions were much longer than the length of recessions.
• D)Prior to 1900,the length of recessions were brief and almost nonexistent.

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A fee imposed by a carrier for the handling and transportation of goods from one location to another.

U.S. Dollars

The official currency of the United States, used as a standard unit of money and backed by the federal government.

Brazilian Real

The official currency of Brazil, symbolized as R$ and subdivided into 100 centavos.

U.S. Currency

The system of money in general use in the United States, primarily consisting of dollars and cents.