In the 1970s, OPEC caused a dramatic increase in the price of oil. What prevented it from

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In the 1970s, OPEC caused a dramatic increase in the price of oil. What prevented it from main-taining this high price through the 1980s?

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Macroeconomics

ISBN: 978-0077307110

8th edition

Authors: David Colander

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Posted Date: Aug 30, 2018 07:47 AM

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In the 1970s, OPEC caused a dramatic increase in the price of oil. What prevented it from

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The reason why OPEC could not maintain the high price of the 1970s are as follows ... View the full answer

Macroeconomics

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