Recall Application 3, "How the U

Multiple Choice

Recall Application 3, "How the U.S. Economy has Coped with Oil Price Fluctuations," to answer the following questions:
-According to the application, the increase in the oil prices:

A) was caused by the recession and the financial crisis.
B) caused the recession and the financial crisis.
C) caused the recession, which was exacerbated by the financial crisis.
D) exacerbated the recession brought about by the financial crisis.