Fall in the level of investments, fall in production, fall in employment, fall stock prices, etc. are found during phase of business cycle.
A) expansion
B) boom
C) peak
D) contraction
Correct Answer:
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Q13: Which one of the following is not
Q14: The turning points of the business cycle
Q15: refers to the top or the highest
Q16: Involuntary unemployment is almost zero in the
Q17: The economy is said to be overheated
Q18: Cost of living increases when business cycle
Q19: There is large scale of involuntary unemployment
Q21: All but one are the endogenous factors
Q22: When prices are falling continuously, the phenomenon
Q23: Cause of Inflation in India is /
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