Which of the following statements is correct regarding business cycles?

CA Foundation · Business Economics · MTP · April 2025
Which of the following statements is correct regarding business cycles?
(A) A. Business cycles always affect all sectors uniformly.
(B) B. Business cycles may affect all sectors uniformly.
(C) C. Business cycles do not affect all sectors uniformly.
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Business cycles do not affect all sectors uniformly.

Topics: Business Cycles

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