Optimistic and pessimistic mood of the business community also affects the economic activities is the view of _____
According to _____ trade cycles occur due to onset of innovations
Business cycles appear due to present fluctuations in prices affecting the output and employment in future is _____
Production of _____ goods fall during the war times.
During war times most of the productive resources are diverted for the production of
Economic recession is characterized by all of the following except _____
Production of new and better goods and services using new technology results in _____
Understanding the business cycle is important for business managers because _____
Businesses whose fortunes are closely linked to the rate of economic growth called _____
If the population growth rate is higher than the economic growth rate it will result in _____
Correct Answer :- d
Explanation : Population growth enlarges labour force and, therefore, increases economic growth. A large population also provides a large domestic market for the economy. Moreover, population growth encourages competition, which induces technological advancements and innovations.