Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

The economy is said to be overheated at the _ phase of business cycle.

/ » Macro Economics 2 solved MCQs / By
Question:

The economy is said to be overheated at the _ phase of business cycle.

A.

expansion

B.

peak

C.

contraction

D.

depression

Answer» b. peak

Note: The above multiple-choice question is for all general and Competitive Exams in India.