In 2011, Revolutions and Uprisings Spread Across North Africa and the Middle

question 72

Multiple Choice

In 2011, revolutions and uprisings spread across North Africa and the Middle East, where a lot of oil is pumped. How did this affect the oil market?

• A) the supply curve for oil shifted to the left
• B) the minimum price producers were willing to sell oil for decreased
• C) the quantity of oil firms were willing and able to produce increased
• D) the supply curve for oil shifted to the right

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Definitions:

Distortion

A change, twist, or exaggeration that alters the original shape, form, or sound of something, often leading to a misrepresentation of reality.

Decay

The process by which something deteriorates, breaks down, or loses its structure, quality, or value over time.

Life Expectancy

The average period that an individual is expected to live, based on statistical analysis of a given population’s health, and mortality.

Longevity

The length of an individual's life or the long duration of life, often investigated in the context of factors that contribute to living a long and healthy life.