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If an economy went into a recession, which industry would experience the largest proportionate fall in sales, output and employment?
The business sector will be affected by a contraction in the money supply because
In which of the stages of the trade cycle should the management accountant consider forecasting lower sales than in the previous year?
If central bankers wished to agree and implement new measures to assure the security of global banks, which ONE of the following bodies would they use?
During recessions many governments borrow to give them funds to increase government expenditure on job creation schemes. They then repay the borrowed funds during the boom phase. This is an example of which of the following?
If a central bank adopted an expansionary monetary policy the effects would include A.
£100 of new cash is issued, which is then deposited in a bank which is part of a banking system operating a cash ratio of 10%. The maximum possible increase in the money supply which can follow from this transaction, additional to the initial deposit, is