Using Table 10.1, find the average duration, the minimum duration, and the maximum duration of expansions in
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Using Table 10.1, find the average duration, the minimum duration, and the maximum duration of expansions in the United States since 1929. Are expansions getting longer or shorter on average over time? Is there any tendency for long expansions to be followed by long recessions? (LO1)
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Related Book For
Principles Of Macroeconomics
ISBN: 9781259414367
6th Edition
Authors: Robert Frank, Ben Bernanke, Kate Antonovics
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