If the economy is at the peak of the business cycle, aggregate demand ____ unemployment _______ inflation _______ and the current account of the balance of payments is likely to move towards _______? | MCQ Hive

Economics Mcqs

Q If the economy is at the peak of the business cycle, aggregate demand ____ unemployment _______ inflation _______ and the current account of the balance of payments is likely to move towards _______?

A A. Rise; falls; rise; deficit
B B. Falls; rises; falls; surplus
C C. Falls; falls; falls; surplus
D D. Is static; low; rises; deficit

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