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
finish