When There Is a Recession, the Price of Oil Tends

question 97

Multiple Choice

When there is a recession, the price of oil tends to fall because:

• A) people drive more during recessions while looking for employment.
• B) the supply of oil increases during a recession, due to technological change.
• C) the prices of substitutes for oil rise during recessions.
• D) incomes fall during a recession, and oil is a normal good.

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Definitions:

Dissociative Disorder

A mental health condition that involves a disconnection and lack of continuity between thoughts, memories, surroundings, actions, and identity.

Anxiety Disorder

A mental health disorder characterized by excessive fear, worry, or dread, leading to impairment in daily functioning.

Phobic Disorder

An anxiety disorder characterized by an extreme and irrational fear of an object, place, or situation that poses little to no actual danger.

Histrionic Personality Disorder

A psychological disorder characterized by a pattern of excessive emotionality and attention-seeking behaviors.