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nikklg [1K]
3 years ago
9

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 __________...
History
2 answers:
Luda [366]3 years ago
7 0
This <span>inflationary end result is predicted by the economic theory of supply and demand, which dictates that if supply of oil is cut, then the price will rise to levels outside market value. </span>
Annette [7]3 years ago
3 0

Answer:This inflationary end result is predicted by the economic theory of supply and demand, which dictates that if supply of oil is cut, then the price will rise to levels outside market value.

Explanation:

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egarded slaves as property who should receive no representation.

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What does the union and the confederacy have in common together?
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There were numerous similarities.

One is that the government system was the same. Although the confederate state placed higher value on state rights than the northerners did, both sides had clearly divided separation of powers and the three branches that constituted checks and balances, as the framers of the original constitution had intended when they were writing it.

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They had a similar military as well. This is where they were the most similar. The weaponry was almost the same and the generals often went to same schools and knew the same things regarding leading an army because they had been working together before the war began. Their behavior was almost the same because of the heavy influence from the West Point school of military which influenced the development of both militaries.
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