It Is Reasonable to Assume That in a Developed Economy

question 153

Multiple Choice

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

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Definitions:

Ethnic Groups

Ethnic groups are categories of people who identify with each other based on common ancestral, social, cultural, or national experiences.

Race

A social construct used to categorize humans into groups based on perceived physical characteristics, often influencing individuals' identity and experiences.

Ethnic Group

A category of people who identify with each other based on shared attributes such as culture, language, or ancestral origins.

Racism

Prejudice, discrimination, or antagonism directed against individuals of a different race based on the belief that one's own race is superior.