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

May 2, 2021 – by admin

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.