Multiple Choice
The inflation experienced in the United States during the 1970s as a result of OPEC oil price increases is an example of:
A) demand-pull inflation.
B) hyperinflation.
C) cost-push inflation.
D) cyclical inflation.
E) disinflation.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q91: If future price changes were perfectly anticipated
Q92: If the inflation rate in an economy
Q93: Which type of unemployment is likely to
Q94: A discouraged worker is one who:<br>A)is underqualified
Q95: Relative prices describe the terms at which
Q97: The higher the expected inflation,_.<br>A)the higher the
Q98: Tony lent Dave $1,000 for one year
Q99: A worker would be hurt least by
Q100: Which of the following decades was characterized
Q101: The unemployment rate will increase whenever there