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  • Question
  • In the expansion phase of a business cycle


  • Options
  • A. economy moves from a trough to a peak.
  • B. economy moves from a peak to a trough.
  • C. economy moves from a trough to a contraction.
  • D. economy moves from a peak to a peak.

  • Correct Answer
  • economy moves from a trough to a peak. 

    Explanation

    There are basically two important phases in a business cycle that are prosperity and depression. The other phases that are expansion, peak, trough and recovery are intermediary phases.

     

    Expansion is a phase in which, when the economy moves from a trough to a peak. It is a period when the level of business activity surges and gross domestic product (GDP) expands until it reaches a peak.

  • Tags: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO

    Technology problems


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    • 1. Which of the following statements about financial aid are true?

    • Options
    • A. Financial aid is available to community college students.
    • B. Most high school varsity sports team members will receive an athletic scholarship.
    • C. Elite, private colleges don't offer financial aid packages.
    • D. Only children of unemployed parents can't qualify for financial aid.
    • Discuss
    • 2. Which best describes the practice of outsourcing?
    • Discuss
    • 3. Which of the following is a function of inventory?

    • Options
    • A. to take advantage of quantity discounts
    • B. to decouple various parts of the production process
    • C. to provide a selection of goods for anticipated customer demand and to separate the firm from fluctuations in that demand
    • D. All the above
    • Discuss
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    • 9. What is DCLGEN?
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