Which of the Following Is True About U

question 162

Multiple Choice

Which of the following is true about U.S.business cycle activity since 1933?

• A)There has been only one business cycle in the last 30 years.
• B)There have been only two or three complete cycles.
• C)There have been no recessions since 1979.
• D)Expansions have generally lasted longer than contractions.
• E)Each cycle has lasted longer than the previous one.

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Definitions:

Cultural Differences

Variations in the practices, values, and goals shared by groups of people, which can influence perceptions, behaviors, and interactions among people from different backgrounds.

Political Agendas

Specific sets of planned actions or goals pursued by individuals, groups, or organizations in the political arena to influence policy, law, or governance according to their interests or beliefs.

Data Collection

The process of gathering and measuring information on targeted variables to answer relevant questions and evaluate outcomes.

American Psychological Association

A large scientific and professional organization of psychologists in the United States, dedicated to advancing psychology as a science, profession, and means of promoting health and human welfare.