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    Exam 14: The Recession of 2007-2009: Causes and Policy Responses
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    As the US Recession Was Developing in the Summer of 2008, Oil
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As the US Recession Was Developing in the Summer of 2008, Oil

Question 44

Question 44

Multiple Choice

As the U.S. recession was developing in the summer of 2008, oil prices peaked near


A) $30 per barrel.
B) $60 per barrel.
C) $110 per barrel.
D) $140 per barrel.

Correct Answer:

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