Multiple Choice
How has the price of oil generally been related to recessions in the United States?
A) Falling oil prices have produced a recession either in the next quarter or at the same time as the price fall.
B) Rising oil prices for at least two years have produced a recession.
C) If oil prices rise and fall within a year there will be a recession.
D) Rising oil prices have produced a recession either concurrently or quickly thereafter.
Correct Answer:
Verified
Correct Answer:
Verified
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