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The Greatest Global Redistribution of Income Ever Recorded Occurred in the 1970s

Question 159

Multiple Choice

The greatest global redistribution of income ever recorded occurred in the 1970s as a direct result of


A) a worldwide drop in food prices
B) the OPEC cartel
C) growing international oligopoly
D) a shift from balanced to unbalanced oligopoly
E) a shift from price leadership to kinked demand curve oligopoly

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