The Organization of Petroleum Exporting Countries (OPEC) controls much of the world's production of oil. If its members decide t
o lower their daily oil production, the price per barrel can rise. This can result not only in increased gasoline prices, but a general increase in prices over much of the economy because of the increased cost of transportation and production. This inflationary end result is predicted by the economic theory of __________. A.
demand-pull inflation
B.
hyperinflation
C.
trade deficit inflation
D.
cost-push inflation
The Organization of Petroleum Exporting Countries (OPEC) controls much of the world's production of oil. If its members decide to lower their daily oil production, the price per barrel can rise. This can result not only in increased gasoline prices, but a general increase in prices over much of the economy because of the increased cost of transportation and production. This inflationary end result is predicted by the economic theory of demand-pull inflation. A.
By putting forth the <span> Protestant faith value among churches. Her goal was peace and stability. She often wrote letters that referred to prayer and God, and accepting his will.
