Which one of the following is not an internal cause of business cycles?

CA Foundation · Business Economics · MTP · April 2025
Which one of the following is not an internal cause of business cycles?
(A) A. Money supply
(B) B. Technology shocks
(C) C. Psychological factors
(D) D. Fluctuations in investment

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Technology shocks

Topics: Business Cycles

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