While Economic Expansions Average About Three and One Half Years

question 111

Multiple Choice

While economic expansions average about three and one half years in duration,economic contractions average about

• A)one year in duration
• B)two years in duration
• C)three years in duration
• D)four years in duration
• E)five years in duration

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Definitions:

Genuine Controversy

Genuine controversy refers to a real and substantial dispute or disagreement between parties, significant enough to justify judicial intervention and resolution by a court.

Ripe

In legal context, a matter that is ready for adjudication because all preliminary issues have been dealt with.

Legislative History

The recorded events, discussions, and documentation leading up to the passing of a law.

Investigative Committees

Groups or panels formed to examine and report on specific matters of concern, often within governmental or corporate contexts.