It is reasonable to assume that in a developed economy technological shocks occur ________ across industries, which ________ the RBC theory of business cycles

A) randomly, opposes
B) randomly, supports
C) uniformly, opposes
D) uniformly, supports

A

Economics

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Which of the following statements is consistent with an increase in supply?

A) The price of labor input has increased. B) There has been an advance in technology. C) Consumers' incomes have increased. D) The market price has decreased.

Economics

Discrimination occurs when a group of people have different opportunities because of characteristics that have nothing to do with their individual abilities

a. True b. False

Economics