If the economy is in the though phase 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 in the though 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. Falls; rises; falls; surplus
C C. Is static; low; rises; deficit
D D. Rises; falls; rises; deficit

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