During depression _ industry suffer from excess production capacity.
A) capital goods
B) consumer durable goods
C) non-durable goods
D) both 'a' and 'b'
Correct Answer:
Verified
Q5: The period of economic downturn that ensued
Q6: Fiscal policy in India is formulated by
A)reserve
Q7: Economic Survey in India is published by
Q8: Which one of the following is the
Q9: The lowest level of economic activity is
Q11: The term business cycle refers to -
A)fluctuations
Q12: Expansion phase all but one of the
Q13: Which one of the following is not
Q14: The turning points of the business cycle
Q15: refers to the top or the highest
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