Which of the following describe a typical Business Cycle?

CA Foundation · Business Economics · MTP · September 2025
Which of the following describe a typical Business Cycle?
(A) A. Economic Expansions are followed by Contraction's.
(B) B. Inflation is followed by rising Income and Unemployment.
(C) C. Economic Expansion are followed by economic growth and development.
(D) D. Stagflation is followed by Inflationary growth.

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Inflation is followed by rising Income and Unemployment.

Topics: Business Cycles

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic