bject Test You are attempting question 12 out of 12 n a business cycle, what are the features of stages of expansion?
a) Rise in national output, Rise in consumer expenditure, Bank advances grow rapidly. b) Rise in national output, Rise in capital expenditure, Bank advances grow rapidly. c) Rise in national output, Rise in consumer and capital expenditure, Bank advances grow slowly d) Rise in national output, Rise in consumer and capital expenditure, Bank advances grow rapidly.
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