In which phase of business cycle, actual demand stagnates?

CA Foundation · Business Economics · PYQS · January 2026
In which phase of business cycle, actual demand stagnates?
(A) A. Expansion
(B) B. Peak
(C) C. Contraction
(D) D. Trough

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Peak

Topics: Business Cycles

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