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

Related MCQs

• When aggregate economic activity is increasing, the economy is said to be in:
• The lowest level of economic activity is called            
• The economy is said to be overheated at the _ phase of business cycle.
• In a closed economy which of the following is not a macroeconomic objective?
• Who develop the ISLM open economy model?
• For an open economy model which curve is added IS-LM?
• Which is the most effective quantitative method to control inflation in the economy?
• The period of economic downturn that ensued after the financial crisis of 2007-08 and affected many countries world-wide is called:
• Economic Survey in India is published by the