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

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter11: Gross Domestic Product

Section: Chapter Questions

Problem 8SQP

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