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 choices are:
A. the money supply.
B. economic regulations.
C. division of labor.
D. settling disputes.
Correct answer choice is:
C. division of labor.
Division of labor is that the separation of a piece method into variety of tasks, with every task performed by a separate person or cluster of persons. It's most frequently applied to systems of production and is one among the essential organizing principles of the line. Breaking down work into straightforward repetitive tasks eliminates extra motion and limits the handling of various tools and elements.
As many as 50 million people had been killed in World War II, and thus after it ended, the Allies faced difficult decisions about the future.
The United nations was formed as a peacekeeping and humanitarian group, and the U.S. Marshall Plan offered the aid in rebuilding. This however, is what led to the Cold War. The Soviet Union and the West were quick to develop into competing alliances.
Answer: 10 facts
Explanation:
Europe. ... Europe refers to the continent that spreads from Iceland to Istanbul.The European Union is a confederation (or a group) of 28 member countries in Europe, started in 1957. ... The European Union has its own flag, complete with twelve stars. ... The European Union has a motto.
