Which of the Following Describes the Historical Record of the Business

question 93

Multiple Choice

Which of the following describes the historical record of the business cycle in the United States?

• A)The economy experiences an expansion about once every 20 years.
• B)Severe depressions have occurred frequently throughout history.
• C)Recessions have occurred every 25 years and are followed by two years of expansion.
• D)Periods of contraction seem to have gotten shorter over time.

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Definitions:

Critical Thinking Standards

The criteria that guide the process of critical thinking, including clarity, accuracy, precision, relevance, depth, breadth, logic, significance, and fairness.

Independent Attitude

A mindset characterized by self-reliance and the preference to accomplish tasks without external help.

Most Assertive

Referring to the highest degree of confidence and decisiveness in expressing one’s thoughts, opinions, or needs.

"I Feel Uncomfortable"

A vocal expression indicating discomfort or unease, whether physical or emotional.