During an expansion phase of the business cycle, which of the following is likely to occur?

CA Foundation · Business Economics · MTP · September 2024
During an expansion phase of the business cycle, which of the following is likely to occur?
(A) A. Decrease in consumer spending.
(B) B. Increase in business bankruptcies.
(C) C. Increase in job opportunities.
(D) D. Decrease in government spending.

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Increase in job opportunities.

Topics: Business Cycles

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