647EconomicsMedium
If the economy is in the recessionary phase of the business cycle, aggregate demand ___ unemployment ____ inflation ___ and the current account of the balance of payments is likely to move towards ____?
Arises; falls; rises; deficit
Bfalls; falls; falls; surplus
Cfalls; rises; falls; surplus
Dis static; low; rises; deficit
Correct answer
C. falls; rises; falls; surplus
Explanation
The correct answer is falls; rises; falls; surplus.