Which of the Following Is NOT a Reason Why Booms

question 33

Multiple Choice

Which of the following is NOT a reason why booms and recessions come to an end?

• A) there is a basic minimum level of consumption
• B) the bandwagon effect
• C) governments may change their taxation policy
• D) the echo effect

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Definitions:

Short-term Sources

Financial resources or funding options available to a company for a period typically less than a year, used to fulfill immediate financial needs.

Funds

Capital that is set aside for a specific purpose or project, often collected from various sources and utilized for investment or expenses.

Repaid

Refers to the action of paying back money that was borrowed.

Short-term Sources

refer to financial resources or loans that are expected to be repaid within a year.