The term business cycle refers to -
A) fluctuations in aggregate economic activity over time.
B) ups and down in the production of goods
C) increasing unemployment
D) declining savings
Correct Answer:
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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
Q10: During depression _ industry suffer from excess
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
Q16: Involuntary unemployment is almost zero in the
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