Economics Mcqs
Q If the economy is in the recessionary phase of the business cycle, aggregate demand ___ unemployment ____ inflation ___ and the current account of the balance of payments is likely to move towards ____?
  • A A. Falls; falls; falls; surplus
  • B B. Is static; low; rises; deficit
  • C C. Falls; rises; falls; surplus
  • D D. Rises; falls; rises; deficit
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