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    International Economics Study Set 9
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    Exam 18: Balance of Payments II: Output, Exchange Rates, and Macroeconomic Policies in the Short Run
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    A Belief That High-Tech Companies Would Be Highly Profitable Led
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A Belief That High-Tech Companies Would Be Highly Profitable Led

Question 23

Question 23

Multiple Choice

A belief that high-tech companies would be highly profitable led to the boom in Internet companies in the 1990s, which is known as a(n) :


A) investment shock.
B) investment boom.
C) technology surge.
D) technology reversal.

Correct Answer:

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