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emmainna [20.7K]
3 years ago
13

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

Social Studies
2 answers:
Blizzard [7]3 years ago
7 0

Answer:

Lack of oil.

Explanation:

<h3><u><em>Usually, if a popular product is low in stock, they raise the price.β⊃</em></u></h3>

s2008m [1.1K]3 years ago
3 0

Answer:

In this perspective, an increase in the price of crude oil appears to increase inflation through the reduced supply of the many consumer goods using oil as an input.

Explanation:

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