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:
D. Members of Congress are charged with representing their constituents while considering what is best for the nation as a whole.
Explanation:
The correct answer is option D.
This is because, members of Congress represent their respective constituency but they also help make policies and decisions that would not only benefit their constituents but also for the progress of the country.
They are sent there as an important arm of government that would help safeguard the country.
Hi there!
During the renaissance, many believe who read the ancient texts and informed themselves began accusing the Catholic church that it wasn't very attentive about people and that it was assertive, always searching for ways to assemble affluence and more potential. These ancient texts came from many origins such as Plato and Aristotle from the western hemisphere, or as far away as india.
<u>I hope this helped</u>
<em>-WolfieWolfFromSkech</em>
Answer:
C British leaders began preparing to attack the United States.
Explanation:
Answer:
There is an increase in consumption and more money flowing into the economy.
Explanation:
An increase of income without the increase of market value prices would lead to more money in the pockets of workers, in which many would spend them to gain material wealth. This would lead to a greater output and a higher GDP per capita in the country.
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