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.
<em>Ramona </em>by Helen Hunt Jackson
This book, published in 1884, was a description and celebration of Spanish and Mexican culture in California. However, these depictions were largely made-up and romanticized. Despite this, it created a tourist boom for the state, causing Americans to become interested and excited about California.
Answer: Which of the following is true of Native American alliances during the French and Indian War? Tribes only allied with the British. Tribes only allied with the French. Trib…
Explanation:
Answer:
As part of his nonviolent non-cooperation campaign for home rule, Gandhi stressed the importance of economic independence for India. He particularly advocated the manufacture of khaddar, or homespun cloth, in order to replace imported textiles from Britain
Explanation:
They attacked only at night under the cover of darkness. Their tactic was to engage in small skirmishes in the South Vietnamese countryside where they were familiar with the area. They used guerilla warfare and had their trip wires and pits with sharpened bamboo stakes to demobilize the enemy. After the battle, they escaped back to the jungle.
