When OPEC Raised the Price of Crude Oil in the 1970s

question 163

Multiple Choice

When OPEC raised the price of crude oil in the 1970s, it caused the United States'

• A)nonbinding price floor on gasoline to become binding.
• B)binding price floor on gasoline to become nonbinding.
• C)nonbinding price ceiling on gasoline to become binding.
• D)binding price ceiling on gasoline to become nonbinding.

Recognize the indicators and syntax of Excel formulas.

Learn how to effectively manage and correct errors in Excel spreadsheets.

Understand the principles of data validation and error tracking in Excel.

Understand the basic concepts of organizational scope and operations.

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Definitions:

Business Ethics

Principles and standards that determine acceptable conduct in business.

Business Organizations

Entities set up to carry out commercial enterprises, including corporations, partnerships, and sole proprietorships.

Ethical Issue

An identifiable problem, situation, or opportunity that requires a person to choose from among several actions that may be evaluated as right or wrong, ethical or unethical.