The economy is said to be overheated at the _____ phase of business cycle.
  • a)
    Expansion
  • b)
    Peak
  • c)
    Contraction
  • d)
    Depression
Correct answer is option 'B'. Can you explain this answer?
Related Test: Test: Business Cycles- 1

CA Foundation Question

Maitrayee Tara
Feb 19, 2020
"economy is said to be overheated" means the economy is at the top or highest point, which is only possible at PEAK phase of the business cycle.

This discussion on The economy is said to be overheated at the _____ phase of business cycle.a)Expansionb)Peakc)Contractiond)DepressionCorrect answer is option 'B'. Can you explain this answer? is done on EduRev Study Group by CA Foundation Students. The Questions and Answers of The economy is said to be overheated at the _____ phase of business cycle.a)Expansionb)Peakc)Contractiond)DepressionCorrect answer is option 'B'. Can you explain this answer? are solved by group of students and teacher of CA Foundation, which is also the largest student community of CA Foundation. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for CA Foundation on EduRev and even discuss your questions like The economy is said to be overheated at the _____ phase of business cycle.a)Expansionb)Peakc)Contractiond)DepressionCorrect answer is option 'B'. Can you explain this answer? over here on EduRev! Apart from being the largest CA Foundation community, EduRev has the largest solved Question bank for CA Foundation.
This discussion on The economy is said to be overheated at the _____ phase of business cycle.a)Expansionb)Peakc)Contractiond)DepressionCorrect answer is option 'B'. Can you explain this answer? is done on EduRev Study Group by CA Foundation Students. The Questions and Answers of The economy is said to be overheated at the _____ phase of business cycle.a)Expansionb)Peakc)Contractiond)DepressionCorrect answer is option 'B'. Can you explain this answer? are solved by group of students and teacher of CA Foundation, which is also the largest student community of CA Foundation. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for CA Foundation on EduRev and even discuss your questions like The economy is said to be overheated at the _____ phase of business cycle.a)Expansionb)Peakc)Contractiond)DepressionCorrect answer is option 'B'. Can you explain this answer? over here on EduRev! Apart from being the largest CA Foundation community, EduRev has the largest solved Question bank for CA Foundation.