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CA Foundation
IMPORTANT
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The four phases of the business cycle are

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Important Questions on Business Cycles

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CA Foundation
IMPORTANT
_____ state continues till there is full employment of resources and production is at its maximum possible level using available productive resources.
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CA Foundation
IMPORTANT
The expansion phase is characterized by high growth rate. What is the next phase after expansion?
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CA Foundation
IMPORTANT
Boom and depreciation in business cycle are
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CA Foundation
IMPORTANT
In the later stages of expansion, inputs are difficult to find as they are _____ of their demand and therefore & input prices _____.
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CA Foundation
IMPORTANT
The economy cannot continue to grow endlessly. Once Peak is reached, _____ in demand is halted & starts _____ in certain sectors.
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CA Foundation
IMPORTANT
The disturbances in one or more Sectors _____ other Sectors.
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CA Foundation
IMPORTANT
The difference between exports and imports is the _____ for goods and Services.