If any unemployment exists during expansion phase of business cycle, it is

Related MCQs

• In short-run, unemployment may fall below the natural rate of unemployment if:
• During the downward phase of trade cycle, the central bank of the country should
• Understanding business cycle is important for business managers because
• During upswing, the unemployment rate and output
• According to Phillips curve unemployment will return to the natural rate when:
• The term business cycle refers to
• Which one of the following is not the characteristic of business cycle?
• The turning points of the business cycle are
• Which of the following is referred to the top or the highest point of business cycle
• The trough of a business cycle is referred to as