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Business Cycles Quiz

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Questions and Answers

What are the different phases of business cycles?

Expansion, Peak, Contraction, Trough (correct)

Upswing, Boom, Recession, Slump

Growth, Maturity, Decline, Recovery

Prosperity, Depression, Recovery, Stagnation

What is considered as one of the causes behind business cycles?

Consistent Money Supply

Stable Government Policies

Unchanging Psychological Factors

Fluctuations in Investment (correct)

What is the relevance of business cycles in business decision making?

Understanding consumer preferences

Analyzing short-term political changes

Predicting long-term technological advancements

Elucidating the impact of economic fluctuations (correct)

Which of the following is considered an external factor influencing business cycles?

War (C) Signup and view all the answers

What was the economic scenario in the UK during the 1920s?

Rapid growth in Gross Domestic Product (GDP), production levels, and living standards (C) Signup and view all the answers

What is the meaning of 'DBT' as mentioned in the text?

Deen Dayal Upadhyaya Buniyaad Yojana (A) Signup and view all the answers

What does 'fast track series' mentioned in the text refer to?

A series of accelerated learning sessions (D) Signup and view all the answers

What is 'बाहुबली तीन' referred to in the text?

A term used for top achievers in economics (C) Signup and view all the answers

What does 'दिसंबर 22 एग' signify in the text?

A reference to an important date in economic history (B) Signup and view all the answers

What is the primary focus of the YouTube channel mentioned in the text?

Academic foundation and career guidance (C) Signup and view all the answers