πŸ“Š Indian Economy
Q. During the recessionary phase of a business cycle:
  • (A) The natural rate of unemployment will increase dramatically
  • (B) Potential national income will exceed actual national income
  • (C) Actual national income will exceed potential national income
  • (D) The real rate of interest will exceed the nominal rate of interest.
πŸ’¬ Discuss
βœ… Correct Answer: (A) The natural rate of unemployment will increase dramatically

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