1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
NeTakaya
3 years ago
6

Changes in the price of oil:

Business
1 answer:
elixir [45]3 years ago
8 0

Answer:

c) created both inflation and recession in the United States in the 1970s.

Explanation:

the recession and inflation started from '72 and end up in the earlys '80 is considered the greatest failure of American macroeconomic policy in the postwar period.

It was the cause of 1973 oil crisis  when the Arab countries made an oil embargo against nations perceived as supporters for israel. Amongs this nation was the USA, the UK and Canada. This make the oil price to rise up to 400% This situation made a market crash and then, US leave the gold standard Also, within this period, the industrial areas in the countries to re-structure to consume less oil as it was scarse

During the period about 3 million of jobs were lost and inflation made peak at 20% per year.

You might be interested in
The weight of a product is normally distributed with a standard deviation of 0.5 grams. If the production manager wants no more
Savatey [412]

Answer:

4.28 grams

Explanation:

The z score is used to determine by how many standard deviations the raw score is above or below the mean. The z score is given by the formula:

z=\frac{x-\mu}{\sigma} \\\\where\ \mu=mean,\sigma=standard \ deviation,\ x=raw\ score

Given that:

P(x > 5.1 grams) = 5%, x = 5.1 grams, σ = 0.5 grams

P(x > 5.1 grams) = 5%

P(x < 5.1 grams) = 100% - 5% = 95%

P(x < 5.1) = 95%

From the normal distribution table, 95% corresponds with a z score of 1.645. Hence:

1.64=\frac{5.1-\mu}{0.5}\\\\5.1-\mu=0.82\\\\\mu=4.28\ grams

5 0
3 years ago
During sales at her accessories store, Manila likes to display large signs in the store window to attract customers. She also pu
Bess [88]

Answer: The use of promotional signage

Explanation:

A promotional signage is a method of advertisement where special offers are displayed at strategic points by a business to the public to attract customers to patronize the business. Manila in her is making use of promotional signage to draw the attention of potential buyers to her store.

4 0
3 years ago
Read 2 more answers
When we use a set of well defined steps to perform a task or solve a problem, we are using a/an _____?
Alik [6]
We are using an algorithm
3 0
3 years ago
Which of the following statements is correct with respect to economic incentives to release financial information?
makvit [3.9K]

Answer:

B

Explanation:

If investors do not have adequate information about the company they are investing, they would demand an higher rate of return. This would increase the cost of raising capital. So, financial managers who want to raise capital at a cheap rate would have the incentive to disclose information

8 0
3 years ago
Phoenix Agency leases office space for $7,700 per month. On January 3, Phoenix incurs $105,600 to improve the leased office spac
nadezda [96]

Answer:

$13,200 per year

Explanation:

Amount incurred to improve the office space = $

Improvement expected to yield benefit = 10 years

Remaining life on it's lease = 8 years

Since the office space is not going to remain with Phoenix after the lease period, it means that the improvement expenses will be expensed over the remaining lease period I.e 8 years.

Therefore, the amount of expense that should be recorded the first year related to improvements can be calculated as;

= Amount incurred to improve the office space ÷ remaining life on its lease

= $105,600 ÷ 8

= $13,200 per year

7 0
3 years ago
Other questions:
  • Frank and lillian gilbreth developed the principle of _________, which said that every job could be broken down into a series of
    14·1 answer
  • What is the largest agency of the u.s. dot?
    12·1 answer
  • ____________ is a process of explaining the purposes and methods of the research after a study has been completed.
    8·1 answer
  • An agent that represents a cluster of manufacturers, e-tailers, and content providers organized around a life event or major ass
    8·1 answer
  • Suppose that over the last twenty-five years a country's nominal GDP grew to three times its former size. In the meantime, popul
    7·2 answers
  • The prizes that can be won in a sweepstakes are listed below together with the chances of winning each one:$5200 (1 chance in 89
    10·1 answer
  • Gus takes his $15 in lemonade stand earnings and deposits it into his savings account. Meanwhile, Gus’s dad borrows $20,000 to b
    11·1 answer
  • You can display good customer service by
    9·2 answers
  • Adam’s Computer Shop had the following transactions last week. Record the general journal below.
    14·1 answer
  • Why should a notary signing agent learn all about the closing documents in a loan package if they are not allowed to provide adv
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!