Fall in the interest rates is a typical feature of ........

Economics- Phase (I & II) Business Cycles

Download Solution PDF

Fall in the interest rates is a typical feature of

recovery

boom

depression

contraction

छोटे Courses बड़े Results

Master Business Cycles

Prepare through Micro-courses

Try Now

Explanation:

In economics, a depression is a sustained, long-term downturn in economic activity in one or more economies. It is a more severe economic downturn than a recession, which is a slowdown in economic activity over the course of a normal business cycle.