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
Question 2
Jane lives and works in New York. Every month she sends 500 to her mother in London. This is an example of a(n) ________.
A) import by the U.S. B) transfer payment to the U.K.
C) export by the U.S. D) factor payment to the U.K.