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    Economics Principles and Policy Study Set 2
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    Exam 26: Bringing in the Supply Side: Unemployment and Inflation
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    The Primary Effect of OPEC Actions in the Period from 1973
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The Primary Effect of OPEC Actions in the Period from 1973

Question 136

Question 136

Multiple Choice

The primary effect of OPEC actions in the period from 1973 to 1980 was to increase


A) wage rates.
B) interest rates.
C) employment and output.
D) energy prices.

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