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Since World War II (1945) until the present (2023), the longest expansion had a duration of how many months and ended in which year?

A. 120 months, 1954
B. 106 months, 2019
C. 128 months, 2022
D. 140 months, 2008

Answer :

Final answer:

The longest expansion after World War II lasted approximately 128 months and ended in 2020, but a typo in the provided likely resulted in citing the year 2022, hence the correct answer is c. 128 months, 2022.

Explanation:

The longest expansion after World War II began in March 2009, after the end of the recession of 2007-2009, which was the longest postwar recession, lasting 18 months.

This expansion continued until February 2020, marking the end of the cycle. Therefore, the expansion lasted approximately 128 months, ending in 2020 just before the economic downturn associated with the COVID-19 pandemic. Based on this information.

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