New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    Which of the following is true about

    Recession?
    A Rise in the cost of production, especially because of wage increase Correct Answer Incorrect Answer
    B Reduction in production and employment for want of sufficient demand for goods Correct Answer Incorrect Answer
    C Increase in money supply without a matching increase in production Correct Answer Incorrect Answer
    D All of the above Correct Answer Incorrect Answer

    Solution

    The correct answer is B

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