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Which of the following is the factor that leads to business cycles in the new classical business cycle theory?
More Severe
Used to describe a situation or condition that is significantly worse or more intense than others.
Gross Domestic Product
The total value of all goods and services produced within a country's borders in a specific time period, used as an indicator of economic health.
Final Goods
Products that are consumed by the end user and do not require further processing or manufacturing.
Services Produced
Economic activities that provide intangible products, such as entertainment, healthcare, and education.
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