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Business cycle ca foundation mcq. The term business cycle refers to a fluctuations in aggregate economic. Imp announcement by icai l 8 key points l what to do now l ctc classes. Ca foundation business economics study material chapter 5 business cycles mcqs multiple choice questions 1.
This contains 20 multiple choice questions for ca foundation test. Ca foundation study material. When aggregate economic activity is declining the economy is said to be in 1 a contraction.
In other words every country passes through a pattern where there are period of economic growth followed by periods of slowing growth and even failing growth. 4 real business cycle events. All countries have gone through fluctuations in economic activities i e.
Ca foundation economics mega mcq series 3. Ca foundation business economics study material chapter 5 business cycle. 4 a turning point.
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Ups and downs in its economic activities. Business cycle ca foundation mcq approach l ctc classes duration. Peaks and troughs of the business cycle are known collectively as 1 volatility.
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