When aggregate economic activity is increasing, the economy is said to be in

Related MCQs

• When aggregate economic activity is declining, the economy is said to be in
• The lowest level of economic activity is called
• The most probable outcome of increase in aggregate demand is
• An increase in aggregate is more likely to lead to demand pull inflation if:
• Who officially determines whether the economy is in recession or expansion?
• Which indicators change before the economy itself changes
• Which indicators change after the economy as a whole changes
• Which of the following is a monetary measure to control inflation in an economy?
• Inflation in an under-developed economy generally sets in
• The rate of growth of the economy mainly depends upon