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Which of the following factors keep reinforcing themselves in the Vicious cycle of an economy?
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B
2 and 3
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C
1 and 3
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D
1,2 and 3
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Solution
The correct option is D 1,2 and 3 <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}-->
During the vicious cycle, factors such as higher unemployment rate, reduced productivity, lower growth etc. keep reinforcing themselves.