TS Police SI Mains 2016 Solved Paper 4
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Question : 109 of 200
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Read the following statements about business cycles:
a) The phases of business cycles are: boom, recession, depression, and recovery.
b) The recession is measured by the Gini coefficient.
c) The phase of a gradual rise in income, output, and employment is depression.
Which of the above statements are incorrect?
a) The phases of business cycles are: boom, recession, depression, and recovery.
b) The recession is measured by the Gini coefficient.
c) The phase of a gradual rise in income, output, and employment is depression.
Which of the above statements are incorrect?
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