In Recovery phase of business cycle, the process of reversal is initially felt in the:

CA Foundation · Business Economics · PYQS · September 2024
In Recovery phase of business cycle, the process of reversal is initially felt in the:
(A) A. Labour market
(B) B. Capital market
(C) C. Agriculture market
(D) D. Financial market

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Financial market

Topics: Business Cycles

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