Which Period of Time Is Associated with the Longest Expansion

question 1

Multiple Choice

Which period of time is associated with the longest expansion in the U.S.economy between 1945 and 2001?

• A)November 1973-March 1985
• B)July 1981-November 1994
• C)March 1991-March 2001
• D)Both a and b
• E)None of the above

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Definitions:

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets.

Price-earnings Ratio

A valuation ratio of a company's current share price compared to its per-share earnings, used to gauge if a stock is over- or under-valued.

Financial Analysis

The evaluation of a company's financial statements and other financial information to assess its performance, stability, profitability, and liquidity.

Sensitivity Analysis

A technique used to determine how different values of an independent variable impact a particular dependent variable under a given set of assumptions.