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Cycle Aggregate Demand Quiz

If UK incomes rise faster than those in most other countries, then the exchange value will tend to:

If the US economy is forecast to come out of recession because military expenditure has increased, then the exchange value of the UK pound will tend to

If the economy is in the expansionary phase of the business cycle, aggregate demand ______, unemployment ______, inflation ______ and the current account of the balance of payments is likely to move towards ______.

If the economy is in the recessionary phase of the business cycle, aggregate demand ______, unemployment ______, inflation ______ and the current account of the balance of payments is likely to move towards ______.

If the economy is in the trough phase of the business cycle, aggregate demand ______, unemployment ______, inflation ______ and the current account of the balance of payments is likely to move towards ______.

India has

The most important source of capital formation in India has been

In India,the public sector is most dominant in

Goa's economy is mainly based on

India's wage policy is based on

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