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    Exam 28: Inflation: Causes and Consequences
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    Evaluate the Following Assertion: "The Oil Price Shock of 1974
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Evaluate the Following Assertion: "The Oil Price Shock of 1974

Question 90

Question 90

Essay

Evaluate the following assertion: "The oil price shock of 1974 was responsible for the high rates of inflation the United States experienced throughout the remainder of the 1970s."

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This assertion is incorrect. A...

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