Which of the following is not a characteristic of business cycle?

CA Foundation · Business Economics · PYQS · January 2025
Which of the following is not a characteristic of business cycle?
(A) A. They occur periodically.
(B) B. They are recurrent.
(C) C. They occur at regular intervals.
(D) D. They have distinct phases of expansion, peak, contraction and trough.

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. They occur at regular intervals.

Topics: Business Cycles

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