Answer:
The price of foreign oil was raised by OPEC.
Explanation:
By the end of 1960s the foundation of OPEC (Oil producers and exporter countries) defined the collusion of some oil producer countries to increase their power over the oil market. With the political crisis in the Arab world, the OPEC to advantage of shortage in oil world supply and increase the price of oil. Being the US a net importer of oil, the increment in oil prices turned into a trade deficit in a short time.
A products deficit results when a country buys more products from other countries than it exports to them
Answer:
more than 4% but less than 6%
Explanation:
Given that the new quotes for a 4% bond trading in the secondary market are higher than 4% which is actually a 6% basis, thus, it is expected that the customer's yield to be greater than the initial 4%. However, given that, we are looking for the customer's yield after-tax, then the net customer's yield will be less than 6%.
Therefore, the right answer is that the customer's yield will be MORE THAN 4% but LES THAN 6%.
The prediction that the inflation rate will change is that there will be a right-ward shift of the curve to indicate that inflation is on the increase. Recall that unemployment is depicted on the x -axis, and inflation on the y-axis.
<h3>What is a Phillips curve?</h3>
The Philips curve shows an inverse relationship between unemployment and inflation.
<h3>What will happen if the unemployment rate now rises to 7 percent per year? </h3>
Because the relationship between inflation and unemployment is inverse (that is, all things being equal), if the unemployment rate now rises to 7 percent per year, the inflation rate is sure to fall.
Learn more about Phillips curve at;
brainly.com/question/4486587
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Answer:
Shop for an account that earns high interest
Explanation:
Ariel should shop for an account that earns the highest interest rates in the market. With an account that earns high interest, Ariel does not need to save the entire amount required to purchase the computer. She will save a big percentage while the interest earned will add to the rest of the amount.
An account that compounds interest would be ideal for her. Compounding interest means that interest earned in the year is added to the principal amount. The principal amount increases, so does interest in the preceding seasons.
