Dramatic Price Increases, Such as Those Seen in the Markets

question 217

Multiple Choice

Dramatic price increases, such as those seen in the markets for gas and oil in the 1970s, are typically the result of:

• A) price gouging by big businesses.
• B) shortages.
• C) reductions in supply.
• D) foreign intervention in markets.

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Definitions:

Elderspeak

A simplified speech register used by younger people when communicating with the elderly, often characterized by a slower rate, exaggerated intonation, and simpler vocabulary.

Ageism

Discrimination or prejudice against individuals based on their age, often targeting older adults but can affect younger people too.

Cognitive Impairment

A reduction in cognitive abilities such as memory, decision-making, or problem-solving.

Self-fulfilling Prophecy

A forecast that, by the virtue of being made, influences actions and attitudes in a way that brings it to realization, fueled by a cyclical reinforcement between conviction and action.