In which of the following industries or sectors of the economy will business cycle fluctuations likely have the greatest effect on output?
A) military goods
B) capital goods
C) textile products
D) agricultural commodities
Correct Answer:
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Q4: Which of the following statements is true
Q5: The production of durable goods varies more
Q6: The industries or sectors of the economy
Q7: As it relates to economic growth, the
Q8: What is the primary reason that changes
Q13: Which of the following is not seen
Q14: Innovations such as the microchip and the
Q15: In which phase of the business cycle
Q18: The phase of the business cycle in
Q20: Most economists agree that the immediate determinant
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