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Question : Comprehension:
In the following passage, some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each number.

By contrast, depression is a (1)_____ long-term downturn in economic activity in one or more (2)_____ A depression is a more (3)_____ downturn than a recession, which is seen by some economists as part of the modern business cycle. The latter refers to (4)_____ that occur around a long-term growth trend and typically involve shifts over time between (5)_____ of relatively rapid economic growth (an expansion or boom) and periods of relative stagnation or decline (a contraction or recession).

Question:
Select the most appropriate option to fill in the blank number 4.

Option 1: firmness

Option 2: stability

Option 3: fluctuations

Option 4: sustainability


Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 22nd Jan, 2024

Correct Answer: fluctuations


Solution : The third option is correct.

The sentence, in context, is talking about the modern business cycle. The business cycle refers to the ups and downs of the economy, or alternatively, its period of expansion and contraction.

The meanings of the other options are as follows:

  • Firmness refers to the rigidity and resilience of a particular object or material.
  • Stability refers to a state of steadiness or balance.
  • Sustainability usually refers to long-term goals, not fluctuations.

Hence, the correct answer is fluctuations.

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