Increase in National output & other economic variable is a characteristic of ______ in Business cycle

CA Foundation · Business Economics · MTP · June 2024
Increase in National output & other economic variable is a characteristic of ______ in Business cycle
(A) A. Trough
(B) B. Depression
(C) C. Contraction
(D) D. Expansion

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Expansion

Topics: Money Market

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