Match List−I with List−II and select your answer using the code given below :
LIST−I Business Cycle LIST−II Symptoms in Economy
1. Slackness A. Low demand, low inflation, high unemployment, voluntary retirement scheme prevalent.
2. Stagnation B. Low demand, low inflation, increase in rate of unemployment.
3. Depression C. Low demand, low inflation, growth rate not increasing, investment takes place
4. Recession D. Low demand, low inflation, high unemployment and labor cut
1
A – 2, B−3, C−1, D−4
2
A−4, B−1, C−3, D−2
3
A−1, B−2, C−3, D−4
4
A−3, B−2, C−4, D−1