This topic contains a solution. Click here to go to the answer

Author Question: The inflation experienced in the United States during the 1970s as a result of OPEC oil price ... (Read 76 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

akemokai

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

c

Answer to Question 2

True




maychende

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
Wow, this really help


fatboyy09

  • Member
  • Posts: 358
Reply 3 on: Yesterday
Excellent

 

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

For a complete list of videos, visit our video library