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 21 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


flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

For a complete list of videos, visit our video library