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Which of the following is the factor that leads to business cycles in the new classical business cycle theory?
Warranty Repairs
Repairs or replacements offered for free by the manufacturer or seller to correct defects covered under a warranty.
Sales
The total amount of revenue generated from goods or services sold by a company.
Payroll Tax Expense
Taxes that are paid based on the salary and wages of employees, including social security, medicare, and federal and state unemployment taxes.
Social Security And Medicare Taxes
Mandatory payroll taxes collected from employers and employees in the United States to fund the Social Security and Medicare programs.
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