Which of the following statements is correct regarding business cycles?

CA Foundation · Business Economics · MTP · June 2024
Which of the following statements is correct regarding business cycles?
(A) A. Business cycles are contagious and international in character.
(B) B. Business cycles begin in one country and spread to other countries through trade relations.
(C) C. Business cycles have serious consequences on well-being of the societies.
(D) D. All of the above

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. All of the above

Topics: Business Cycles

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