The answer to this question is hedge-fund. In hedge-fun, the capital owner isn't involved in determining to which companies the money will be invested into. All hedge-funes usually appoint one hedge-fund manager that will be responsible in calculating all the risk and opportunities from potential investment and use the accumulated capital to buy ownership.
Answer:
The correct words for the blank spaces are: efficient; technological change.
Explanation:
The New Classical school of Economics was originated at the beginning of the 1970s having as its main characters to American economists Robert Lucas (born in 1937) and Edward Prescott (born in 1940). New classicals pay special attention to economic models based on individuals' behaviors, indicating they pursue to maximize their utility by making rational decisions.
When it comes to business cycles, they proposed fluctuations in the economy were boosted by unanticipated "<em>shocks</em>". <em>Changes in aggregate demand were the result of unexpected monetary or fiscal policies. Changes in aggregate supply were caused by </em><u><em>efficient</em></u><em> changes in productivity as a result of temporary changes in </em><u><em>technology</em></u><em>.</em>
Bureaucratic.
A bureaucracy is an organization with a pyramid structure meaning most of the power is with a very small group at the top, and there is a high level of organization and order through out all the various levels.
