Business Cycle


#1. A leading indicator is

#2. The most probable outcome of an increase in the money supply is

#3. Which of the following is the cause of business cycles?

#4. Which of the following does not occur during an expansion?

#5. According to ________________ trade cycles occur due to onset of innovations

#6. Which of the following best describes a typical business cycle?

#7. Peaks and troughs of the business cycle are known collectively as

#8. Which of the following statements is correct?

#9. The four phases of the business cycle are

#10. . During recession, the unemployment rate ___________ and output ___________.

#11. According to Keynes, fluctuations in Economic activities are due to

#12. A decrease in government spending would cause

#13. The lowest point in the business cycle is referred to as the

#14. Economic indicators are –

#15. The term business cycle refers to

#16. Leading economic indicators

#17. When aggregate economic activity is declining, the economy is said to be in

#18. Economic recession shares all of these characteristics except

#19. Which of the following is not an example of coincident indicator?

#20. Business cycle generally originate in free market economies, what is a free market economy?

#21. The different phases of a business cycle

#22. The trough of a business cycle occurs when _____ hits its lowest point.

#23. Which of the following is not a characteristic of business cycles?

#24. A variable that tends to move later than aggregate economic activity is called

#25. Industries that are extremely sensitive to the business cycle are the

#26. Which economic indicator is required to predict the turning point of business cycle?

#27. A significant decline in general economic activity extending over a period of time is