Business whose fortune is closely linked to the rate of economic growth is referred to as :

CA Foundation · Business Economics · PYQS · September 2024
Business whose fortune is closely linked to the rate of economic growth is referred to as :
(A) A. Seasonal Business
(B) B. Cyclical Business
(C) C. Static Business
(D) D. Dynamic Business

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Cyclical Business

Topics: Business Cycles

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