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Wars, new inventions, harvest failures, and changes in government policy are examplesof:

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Question:

Wars, new inventions, harvest failures, and changes in government policy are examplesof:

A.

the business cycle.

B.

economic models.

C.

shocks.

D.

opportunity costs.

Answer» c. shocks.

Note: The above multiple-choice question is for all general and Competitive Exams in India.