New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    There is large scale of involuntary unemployment in the

    _____ phase of business cycle.
    A Expansion Correct Answer Incorrect Answer
    B Peak Correct Answer Incorrect Answer
    C Contraction Correct Answer Incorrect Answer
    D Trough Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    In case of contraction cycle there are job losses

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