At which stage of the trade cycle should management anticipate a rise in interest rates?

Posted by: Pdfprep Category: CIMAPRA17-BA1-1-ENG Tags: CIMAPRA17-BA1-1-ENG exam questions, CIMAPRA17-BA1-1-ENG practice exam, Certificate in Business Accounting Post Date: February 26, 2021

At which stage of the trade cycle should management anticipate a rise in interest rates?
A . Recession
B . Depression
C . Recovery
D . Boom

Answer: D