Multiple Choice
Which choice explains how the OPEC crisis of 1973 affected oil prices?
A) The supply of oil was reduced, leading to a rise in oil prices.
B) The supply of oil was increased, leading to a fall in oil prices.
C) The demand for oil increased, leading to a rise in oil prices.
D) The demand for oil decreased, leading to a fall in oil prices.
Correct Answer:
Verified
Correct Answer:
Verified
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