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Class 12 Business Studies Business Environment Political environmentHard

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An announcement of higher capital expenditure in the government budget may signal what for the construction material industry?

Answer and explanation

Correct answer: Possible demand increase

Capital expenditure can increase infrastructure work and material demand. In exams treat the budget as a policy signal.

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Business-Environment Political-Environment Class-12 Hard Political Environment Business Environment Business Studies Class 12 Mcq

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