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Between 1990 and 2005, the Price of Oil Was High

question 76

True/False

Between 1990 and 2005, the price of oil was high relative to prices in the 1970s and 1980s, and consumers responded by buying small, fuel-efficient cars.


Definitions:

Premium Tax Credit

A refundable tax credit for eligible individuals and families who purchase health insurance through the marketplace.

Credit Calculation

The process of determining the amount of credit that can be claimed by an individual or entity, often related to tax credits or financial rebates.

Rental Property

Rental property refers to real estate owned by an individual or entity that is leased or rented out to tenants in exchange for monthly rent payments.

Personal Use

Refers to the use of property or services primarily for individual or household purposes, not for business or income-producing activities.

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