Interest rates are usually ________ during the latter stages of a downswing in the South African business cycle.

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter11: Gross Domestic Product
Section: Chapter Questions
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Interest rates are usually ________ during the latter stages of a downswing in the South African business cycle. An improvement in economic activity is normally triggered by an increase in ________. Manufacturing production rises during an upswing and in the latter stages of the upswing, inflation, and interest rates ________.
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