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https://www.nytimes.com/2022/03/14/opinion/biden-putin-gas-prices-inflation.html 1) Why does Krugman believe the oil shocks of the 1970s created recessions in the US? 2) Why did the oil price shock of
https://www.nytimes.com/2022/03/14/opinion/biden-putin-gas-prices-inflation.html 1) Why does Krugman believe the oil shocks of the 1970s created recessions in the US? 2) Why did the oil price shock of 2010-2011 not lead to a recession? Explain. 3) What does Krugman believe we should do today to avoid a Putin Recession
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Microeconomics
Authors: Robert Pindyck, Daniel Rubinfeld
8th edition
978-0132870436, 132870436, 013285712X, 978-0133371178, 133371174, 978-0132857123
