Which of the following statements is true concerning the historical picture of business activity in the united states? a. the largest expansion since world war ii took place in the early 1960s. b. all recessions have been caused by external shocks. c. business fluctuations are regular and take 8 years from the start of a recession to the end of the peak period. d. the frequency and size of fluctuations around the trend has decreased since world war ii.
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Which of the following statements is true concerning the historical picture of business activity in...
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