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:
The correct answer is D. The European Imperial Powers were who determined the borders of African colonies and later countries.
Explanation:
The European Imperial Powers determined the African borders at the Berlin Conference.
The Berlin Conference took place in Berlin from November 15, 1884 to February 26, 1885, marking the European collaboration in the partition and territorial division of Africa. Germany, Austria, Hungary, Belgium, Denmark, Spain, France, Great Britain, Italy, Norway, the Netherlands, Portugal, Russia and the United States participated in it. The declared objective was to "regulate the freedom of trade in the Congo and Niger basins, as well as new occupations of territories on the west coast of Africa."
The main reason was that so they get to have the land.
Answer:
What led to the fall of the Soviet Union?
Gorbachev's decision to allow elections with a multi-party system and create a presidency for the Soviet Union began a slow process of democratization that eventually destabilized Communist control and contributed to the collapse of the Soviet Union.
Explanation:
