Which of the following does not describe the features of cyclical movement?
Explanation:
Option 1 is in the first paragraph - “The trade cycle is best regarded by a cyclic change in the marginal efficiency of capital”. Option 3 is in the second paragraph - “There is some recognizable degree of regularity in the time sequence and duration of upward and downward movements”. Option 4 is incorrect because it is stated in paragraph 2 in the definition of a cyclic movement that the cyclical movement is caused by the economic forces working in opposite direction. Option 2 is correct as it is contradictory to the information provided in paragraph 2. Hence, the correct answer is option 2.
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