In 2012,following the Great Recession of 2008 and 2009

question 88

Multiple Choice

In 2012,following the great recession of 2008 and 2009,

• A)oil prices dropped but can be expected to increase as the economy recovers.
• B)oil prices dropped and may remain low as the economy recovers.
• C)oil prices increased and can be expected to increase further as the economy recovers.
• D)oil prices increased but can be expected to decrease as the economy recovers.

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Definitions:

Poverty Rate

The ratio of the number of people in a given age group whose income falls below the poverty line, taking into account the number of people in the household.

Nation's Wealth

The total value of all financial assets and produced assets owned by a country, including natural resources, buildings, and machinery.

Percentage Share

A fraction or portion of a whole, typically denoted as a percentage, representing part of a total quantity or sum.

Quintiles

Statistical values that divide a set of data into five equal parts, so that each part represents 1/5th of the sampled population.