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?

<p>War (C)</p> Signup and view all the answers

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

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

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

<p>Deen Dayal Upadhyaya Buniyaad Yojana (A)</p> Signup and view all the answers

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

<p>A series of accelerated learning sessions (D)</p> Signup and view all the answers

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

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

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

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

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

<p>Academic foundation and career guidance (C)</p> Signup and view all the answers

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