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Author Question: The inflation experienced in the United States during the 1970s as a result of OPEC oil price ... (Read 31 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
Great answer, keep it coming :)

mcabuhat

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

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