The U.S. economy hit a low point in February 1961. How long (in terms of months)

ID: 1143658 • Letter: T

Question

The U.S. economy hit a low point in February 1961. How long (in terms of months) did the following expansion last? Note: The NBER table can be tricky. Before answering this question, take another look at figure 1 above and then look at the NBER table. > http://www.nber.org/cycles.html

the answer is... ?

Figure 1 StageStage 2 Stage 3 Stage 4 Stage 1 l Trough to Recovery to Expansion to Peak Trough to Peak ContractionRecovery Recovery Expansion Mr 200 rough t0 Peak Trough from Previous Peak Economic Activity Business Cycle Mar 199 I Nov 200 Time

Explanation / Answer

How long (in terms of months) did the following expansion last?

Solution: 120 months

Working: Period March 1991 to March 2001 are 120 months

Navigate

The U.S. economy has fallen into a recession. It is a severe and deep recession,

The U.S. federal debt in the 2008 fiscal year was a little greater than $10 tril

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.

The U.S. economy hit a low point in February 1961. How long (in terms of months)

Question

Explanation / Answer

Related Questions

Navigate