Which factor caused higher oil prices to directly lead to inflation?

Social Studies

2 answers:

IrinaVladis [17]3 years ago

3 0

Answer:

Companies passed on production and transportation costs to consumers

Explanation:

An increase in oil prices will add to a higher inflation level. This is on the grounds that transport costs will rise prompting more increased prices for many products. This will be cost-push inflation which is very unique to inflation brought about by rising aggregate excess/demand growth. 

Consumers will see a decline in unrestricted income. They bear a higher cost of transportation, yet don't have the compensation of income rise. Higher oil costs can prompt slower economic development – especially an issue if consumer spending is less.

asambeis [7]3 years ago

3 0

Answer:

B.) Companies passed on production and transportation costs to consumers.

hope this helps!

You might be interested in

The Gospel of Matthew provides some of Jesus’ most prominent sermons, parables, and miracles, plus a record of important message

Sati [7]

Answer:

True.

Explanation:

The first Book in the New Testament of the Bible, "The Gospel of Matthew" is a book that provides some of the most prominent sermons of Jesus Christ. It details how the Messiah came to earth to save the sinners, was deceived and betrayed, then killed on the cross just to save the people of the world from eternal da mnat ion.

This book also contains parables, like the parable of the lamp under a basket (Matthew 5), new wine in old skin (Matthew 9), workers in the vineyard (Matthew 20) and the faithful servant (Matthew 24) among others. This gospel also contains the numerous miracles like the healing of the two blind man (Matthew 9), the deaf man (Matthew 9) and the chapters 8, 9, 12 etc all details the numerous miracles he performed. It also contains the Sermon on the Mount which includes the famous Beatitudes (Matthew 5). The Olivet Discourse (Matthew 24-25) is also one of the prominent messages found in this book.

Thus, it is true that The Gospel of Matthew provides some of Jesus’ most prominent sermons, parables, and miracles, plus a record of important messages such as the Sermon on the Mount, the parables of the kingdom, and the Olivet Discourse.

5 0

3 years ago

Which amendment tells us that the presence of the list of amendments does not mean "if it's not listed here, you don't have the

kumpel [21]

Your answer is 9th amendment

3 0

3 years ago

Read 2 more answers

Which of the following is an example of an informal assessment tool

BabaBlast [244]

The correct option is D.
Informal assessment refers to those tools that are used to measure a student's personal performance and progress while formal assessment refers to systematic and pre-planned data-based tests which measured how much a student have learned. An example of this is SAT exam.
Anecdotal records refers to a note that is used to given an insight into a specific behavior and a basis for planning a specific teaching method. This type of record deal with facts.

4 0

4 years ago

Why did Jefferson want to avoid alliances with other countries

alexandr1967 [171]

Answer: Jefferson Wanted thiongs to be peaceful he didnt want to side with france because they might need tea or other things from Britian

Explanation:

7 0

3 years ago

A.)how did trade encourage European exploration?

podryga [215]

A. They were trying to find a trade route to make trading easier, so they explored a whole lot more.
B. The Colombian Exchange contributed to the rise of slave trade because when they picked up goods, they just piled 100 or so slaves in the bottom deck. Once a few people had some, many others began to want them and supply and demand skyrocketed. It was easy because the slaves had a different skin color and spoke a different language. The Europeans did not see them as people.

7 0

3 years ago