22. Which of the following does not occur during an expansion ?
(a) Consumer purchases of all types of goods tend to increase
(b) Employment increases as demand for labour rises.
(c) Business profits and business confidence tend to increase
(d) None of the above
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(d) None of the above
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22. Which of the following does not occur during an expansion ?
(a) Consumer purchases of all types of goods tend to increase
(b) Employment increases as demand for labour rises.
(c) Business profits and business confidence tend to increase
(d) None of the above
Answer :
(d) None of the above
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