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Question

Which of the following is the impact of the government policy changes on business and industry?


A

Increased competition

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B

Need for change

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C

Demanding customers

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D

All of the above

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Solution

The correct option is D

All of the above


Answer (d) All of the above

Explanation: Government policies can impact loan rates, and an increase in interest rates increases the borrowing cost. Higher rates will decrease the buyer from spending, yet Lower loan costs draw in a venture as organizations increment production. Organizations can not flourish when there is an undeniable degree of inflation.


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