Economics · Business Cycles
During a macroeconomic boom, what factor is directly responsible for triggering a boom within a specific industry?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A contraction in money supply
- 2An increase in the rate of unemployment
- 3A significant surge in aggregate demand for its products✓
- 4A sudden reduction in manufacturing capacity
Correct answer
A significant surge in aggregate demand for its products
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