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Author Question: The inflation experienced in the United States during the 1970s as a result of OPEC oil price ... (Read 66 times)

maychende

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on: Jun 30, 2018
The inflation experienced in the United States during the 1970s as a result of OPEC oil price increases is an example of:
 a. demand-pull inflation.
  b. hyperinflation.
 c. cost-push inflation.
 d. cyclical inflation.
 e. disinflation.

Question 2

If a country finds that its Lorenz curve is moving further away from the diagonal, this means its income is becoming more unevenly distributed over time.
 a. True
  b. False
  Indicate whether the statement is true or false


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akemokai

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


maychende

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Reply 2 on: Jun 30, 2018
:D TYSM

kswal303

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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