MAY 2025Foundation
The level of national income and expenditure declines rapidly during which phase of the business cycle?
A
(A) Upswing
B
(B) Downswing
C
(C) Recovery
D
(D) Trough and Depression
The level of national income and expenditure declines rapidly during which phase of the business cycle?
(A) Upswing
(B) Downswing
(C) Recovery
(D) Trough and Depression