Which of the following is not an internal cause of business cycle?

CA Foundation · Business Economics · PYQS · May 2026
Which of the following is not an internal cause of business cycle?
(A) A. Natural factors
(B) B. Psychological factors
(C) C. Variation in Government spending
(D) D. Macroeconomic policies

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Natural factors

Topics: Business Cycles

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