As an economy transitions from the peak of a boom into the contraction phase of the business cycle, which of the following is most likely to rise?
The average lead times for industrial deliveries
The volume of planned business capital expenditure
The ratio of unsold finished goods inventories to sales
The rate of manufacturing capacity utilization
327 exam-style questions on AQA A Level Economics 2.3 Economic performance, covering 2.3.1 Economic growth and the economic cycle, 2.3.2 Employment and unemployment, 2.3.3 Inflation and deflation, and 2.3.4 Possible conflicts between macroeconomic policy objectives. Each one has a worked solution and a mark scheme showing where the marks go.