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The Recessions of the 1970s Are Often Attributed to an Increase

question 151

True/False

The recessions of the 1970s are often attributed to an increase in oil prices.

Understand the basic concepts and structures of transportation problems.
Analyze the effect of constraints such as unavailable routes on the solution and cost of transportation problems.
Determine the number of possible routes and used routes in transportation problems.
Apply the Northwest-corner method to initiate the solution for transportation problems.

Definitions:

Public Function

An activity or service that is traditionally the responsibility of the government and is performed or carried out for the benefit of the public.

State Regulation

The oversight and control by a state government over certain activities, industries, or professions within its jurisdiction.

Federal Action

Any legal actions initiated or enforced by the federal government or its agencies.

Commercial Speech

Speech or messages that do primarily involve the marketing and sale of products and services, and is subject to greater governmental regulation.

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