1.10. What's the best way to think about the rise in oil prices in the 1970s, when...

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1.10. What's the best way to think about the rise in oil prices in the 1970s, when wars and oil embargoes wracked the Middle East? Was it a rise in demand, a fall in demand, a rise in supply, or a fall in supply?

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Modern Principles Microeconomics

ISBN: 9781429239998

2nd Edition

Authors: Tyler Cowen, Alex Tabarrok

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Question Posted: Nov 16, 2024 03:00 AM

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1.10. What's the best way to think about the rise in oil prices in the 1970s, when...

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Modern Principles Microeconomics

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