In a business cycle, what are the features of stages of expansion? a) Rise in national output, Rise in consumer expenditure, Bank advances grow rapidly. b) Rise in national output, Rise in capital expenditure, Bank advances grow rapidly. c) Rise in national output, Rise in consumer and capital expenditure, Bank advances grow slowly. d) Rise in national output, Rise in consumer and capital expenditure, Bank advances grow rapidly.

In a business cycle, what are the features of stages of expansion? a) Rise in national output, Rise in consumer expenditure, Bank advances grow rapidly. b) Rise in national output, Rise in capital expenditure, Bank advances grow rapidly. c) Rise in national output, Rise in consumer and capital expenditure, Bank advances grow slowly. d) Rise in national output, Rise in consumer and capital expenditure, Bank advances grow rapidly.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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In a business cycle , what are the features of stages of expansion ? a ) Rise in national output , Rise in consumer expenditure , Bank advances grow rapidly . b ) Rise in national output , Rise in capital expenditure , Bank advances grow rapidly . c ) Rise in national output , Rise in consumer and capital expenditure , Bank advances grow slowly . d ) Rise in national output , Rise in consumer and capital expenditure , Bank advances grow rapidly .
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