corbin3979 corbin3979
  • 21-01-2022
  • History
contestada

Were the two oil crisis in the 1970s linked to deflation or inflation.

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XxxKingTopsxxX
XxxKingTopsxxX XxxKingTopsxxX
  • 21-01-2022

Answer:

Inflation…

Explanation:

~There was a strong correlation between inflation and oil prices during the 1970s. Since the 1980s, the relationship between oil and consumer prices has diminished.

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