Economics · Economy
What economic features or problems typically arise during the boom phase of a business cycle?
- 1Increased savings and high investible capital
- 2Shortage of investible capital, decreased savings, and emergence of a sellers' market✓
- 3Stable prices and long-term equilibrium in the economy
- 4Decreased demand and emergence of a buyers' market
Correct answer
Shortage of investible capital, decreased savings, and emergence of a sellers' market
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