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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

Step 1. Given Information

Table 6.7

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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