Economic period in which banks have excess funds is classified as?

Question

Economic period in which banks have excess funds is classified as?

functional time line
contract timing
contraction period
expansionary periods

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

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AhmedNazir · Accepted Answer · 2022-09-01T13:21:41+06:00

AhmedNazir

Answer: Option 3

Economic period in which banks have excess funds is classified as contraction period. A contraction generally occurs after the business cycle peaks, but before it becomes a trough.

4 views Answered 2022-09-01 13:21