Real business cycle theory best in this regard.
Explanation:
Among the other options, option first explains and put pressure on the role of technology in causing economic fluctuations. The new price or change in price affects the total cost of the product and so on the supply and demand. Because almost all firms use oil in one form or another, oil price changes function like technology changes.
The increase in aggregate cost decreases the productivity of the firms. The demand went down which affected the circulation of money in the market and leads to the recession.
Answer:
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Answer:
C. 25%
Explanation:
Before entering the civil war, confederates states tried to spread a propaganda that only 1% of Southerners own slaves. But, According to the census that conducted by the US government 1860, around 25% of southerners own slaves.
Not a lot of them were being put in plantation as workers (usually only wealthy business owners can afford this). Most of slave owners at that time own slaves as an equivalent of a housemaid. They helped with the chores, taking care of stables, cook, etc.
A) Giuliano della Rovere
Pope Julius II was born Giuliano della Rovere. During his nine-year pontificate his military and diplomatic interventions averted a take-over by France of the Italian States. He also commissioned a series of highly influential art and architecture projects in Rome
