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This figure plots the price of oil from 2005 to 2022. During the 2007-2009 recession, oil prices rose significantly in the first half of the
This figure plots the price of oil from 2005 to 2022. During the 2007-2009 recession, oil prices rose significantly in the first half of the recession and then plummeted in the second half. During the recession caused by the coronavirus pandemic, oil prices moved in the opposite direction: first they fell, and then they rose
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Issues in Economics Today
Authors: Robert C. Guell
8th edition
1259746399, 1259746390, 978-1259746390
