A. functional time line
B. contract timing
C. contraction period
D. expansionary periods
✅ The correct answer is option C.
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.
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.