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:
1787
Explanation:
On 13 May 1787, a fleet of 11 ships sailed from England. They reached Botany Bay on 18 January 1788 with 1,530 people, 736 of them convicts. Eight days later, the fleet left to establish a settlement at Port Jackson, a few kilometers north. The settlement grew to be Sydney, Australia s biggest city.
I believe the correct answer to your question is parallel. I apologize for the late answer and if the answer I provided is incorrect.
Centralized government authority, became ruler of Austria in 1740 after a pragmatic sanction was issued to allow this person to rule. Examined natural laws governing the universe
Answer:
raised the price of manufactured goods and hurt trade with Britain.
Explanation:
