The Iranian Revolution in 1979 led to another interruption of oil supplies to the United States. This caused the reoccurrence of
A. deflation.
B. full employment.
C. trade surpluses.
D. stagflation.
Answer: D
Economics
You might also like to view...
The above figures show the market for hamburger meat. Which figure(s) shows the effect of a new report by the U.S. Surgeon General that beef consumption is healthier than previously believed?
A) Figure A B) Figure B C) Figure D D) Figure A and B
Economics
If there is a recessionary gap, the appropriate fiscal policy would be contractionary.
a. true b. false
Economics