Prior to World War II, in the United States, financial crises occurred every ________ years or so

Which of the following would NOT cause a real business cycle?

A) a sustained change in the price of oil B) a change in the money supply C) a change in technology D) a change in the composition of the labor force

Alice and Gene work in the mailroom, sorting and delivering mail. In order for them to benefit from specialization and trade, Alice must

A) be able to both sort and deliver faster than Gene. B) be equally productive in both sorting and delivering. C) have a comparative advantage in both sorting and delivering. D) have a comparative advantage in one task and Gene must have a comparative advantage in the other task. E) be equally productive as Gene in both sorting and delivering.