Rajatarangini is a historical chronicle of the north - western Indian subcontinent, particularly the kings of Kashmir and was written in Sanskrit by Kashmiri historian Kalhana in the 12th century CE.
Which of these phrases best describes the business cycle?
A) The process of creating policy for businesses, beginning with agenda setting and ending with evaluating the policy's effect on the business's bottom line
B) A recurring cycle of booms and busts, recoveries and recessions
C) A system of managing the economy by increasing or decreasing the supply of money
D) A system of managing the economy by increasing or decreasing federal expenditures
A) The process of creating policy for businesses, beginning with agenda setting and ending with evaluating the policy's effect on the business's bottom line
B) A recurring cycle of booms and busts, recoveries and recessions
C) A system of managing the economy by increasing or decreasing the supply of money
D) A system of managing the economy by increasing or decreasing federal expenditures
Answer & ExplanationAnswer: B) A recurring cycle of booms and busts, recoveries and recessions
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