At the peak of a typical business cycle, which of the following is likely the greatest threat to the macroeconomy?
At the peak of the business cycle, the economy is very strong. Real GDP and incomes are high, unemployment is low, and the threat is a rapid increase in the price level.
269 MCQ for effective preparation of the test of Macroeconomics of Economics section.
Read the MCQ statement: At the peak of a typical business cycle, which of the following is likely the greatest threat to the macroeconomy? , keenly and apply the method you have learn through the video lessons for Macroeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 64-4074.