Use the Figure Above to Answer the Following Question

question 7

Multiple Choice

Use the figure above to answer the following question
-The country with the largest amount of domestic oil available for sale on the international market is _______________.

• A) Saudi Arabia
• B) the United States
• C) Germany
• D) Iran
• E) Japan

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Definitions:

Nominal Wages

Wages that are not adjusted for inflation, representing the amount of money paid to an employee by an employer in the form of cash.

Real Wages

Wages adjusted for inflation, representing the purchasing power of income received by workers, indicative of the real value of compensation over time.

Ford Administration

Pertains to the presidency of Gerald Ford in the United States, spanning from 1974 to 1977, marked by its efforts to heal the nation after the Watergate scandal.

Pardoned

The act of forgiving or being forgiven for an error or offense.