This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose the Organization of Petroleum Exporting Countries (OPEC) sharply increased the price of oil, ... (Read 118 times)

neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
on: Jun 30, 2018
Suppose the Organization of Petroleum Exporting Countries (OPEC) sharply increased the price of oil, which triggered higher inflation rates in the United States. This type of inflation is best classified as:
 a. pseudo-inflation.
  b. demand-pull inflation.
  c. cost-push inflation.
  d. hyperinflation.

Question 2

Government expenditures as a share of the U.S. economy are:
 a. the largest in the world.
  b. the smallest in the world.
  c. smaller than most Western European countries.
  d. larger than Canada, France, and the United Kingdom but slightly smaller than Germany and Italy.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Fayaz00962

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


neverstopbelieb

  • Member
  • Posts: 534
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

nanny

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

The organization of nucleotide sequences in bacterial chromosomal DNA. The organization of nucleotide sequences in bacterial chromosomal DNA.
Levels of biological organization in a plant. Levels of biological organization in a plant.
(a) Longevity decreases with increased horn-length breeding value of harvested rams. (b) Mean-weight (a) Longevity decreases with increased horn-length breeding value of harvested rams. (b) Mean-weight
Organization of the nervous system. Organization of the nervous system.
The proportion of U.S. adults in the workforce has increased slightly for older age groups over the ... The proportion of U.S. adults in the workforce has increased slightly for older age groups over the ...
Conservation of organization and patterns of expression in Hox genes Conservation of organization and patterns of expression in Hox genes
Video: Eczema

For a complete list of videos, visit our video library