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Which of the following statements is true about market cycles? A. Average economic expansions last about as long as an average contraction. B. Average economic
Which of the following statements is true about market cycles?
A. Average economic expansions last about as long as an average contraction. | |
B. Average economic contractions last 4 to 5 times as long as an average expansion. | |
C. Average economic expansions last 4 to 5 times as long as an average contraction. | |
D. None of these statements are accurate. |
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