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Chapter 6: Q 7. (page 160)

According to Table 6.7, how long has the average expansion lasted since the end of World War II?

Short Answer

Expert verified

Expansion gives an average expansion of 60.5 months.

Step by step solution

01

Step 1. Given Information

Table 6.7

02

Step 2. Description

The table lists the "Months of Expansion". The average of these figures for the post-WWII expansion gives an average expansion of 60.5 months, or more than five years.

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