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Economic theories are founded on the idea that economic fluctuations are driven by ______.
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16 votes
16 votes
Economic theories are founded on the idea that economic fluctuations are driven by ______.

User Govert
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2 Answers

14 votes
14 votes

Answer:

Economic Shocks

User Natdico
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3.1k points
23 votes
23 votes

Answer:

the answer is Supply and Demand

Step-by-step explanation:

the two factors that mainly contribute to the resource allocation, distribution and price levels are Supply and Demand.

that is,

at any given time, how many are demanding for a resource/product/service and how many are wiling to supply.

note that there are many other factors that affect this, yet supply and demand are the basic ones.

hope this helps!

User Ponomarenko Oleh
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