The Primary Effect of OPEC Actions in the Period from 1973

question 136

Multiple Choice

The primary effect of OPEC actions in the period from 1973 to 1980 was to increase

• A)wage rates.
• B)interest rates.
• C)employment and output.
• D)energy prices.

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Definitions:

Transformers

Electrical devices that transfer electrical energy between two or more circuits through electromagnetic induction, often used to increase or decrease voltage levels.

Emissions

The production and discharge of something, especially gas or radiation, into the environment.

Ring Topology

A network configuration where each node is connected to two other nodes, forming a single continuous pathway for signals through each node – a ring.

NIC

Network Interface Card, a hardware component that connects a computer to a network, allowing it to communicate with other computers and devices.