Peak is the --- turning point of the business cycle.
A) Upper turning point
B) Lower turning point
C) Middle turning point
D) None of these
Correct Answer:
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Q7: The objective of Monetary Policy is :
A)to
Q8: Fiscal Policy refers to policy towards:
A)Public revenue
B)public
Q9: In a closed economy which of the
Q10: A business cycle is composed of -----
Q11: The percentage of deposits of commercial banks
Q13: Wage control is an instrument of ----
Q14: ISLM model was basically…………sector model:
A)Two
B)One
C)Three
D)Four
Q15: Original IS-LM model is a ……..model.
A)Open
B)Closed
C)Both
D)None
Q16: ISLM is used to determine:
A)income
B)interest
C)Both
D)All
Q17: The steepness of the IS curve depends
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