Using Table 18.1, find the average duration, the minimum duration, and the maximum duration of expansions in
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Using Table 18.1, 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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Principles Of Economics A Streamlined Approach
ISBN: 9780078021824
3rd Edition
Authors: Robert Frank, Ben Bernanke, Kate Antonovics, Ori Heffetz
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