Remaining Time: 1 hour, 27 minutes, 54 seconds. * Question Completion Status: 400.00 OU.UU 300.00 40.00 200.00 100.00 20.00 0.00 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 GDP (USD) Crude brent oil price (average, USD) A. Describe the relationship between the Saudi economy (GDP) and oil prices (2 marks) B. Based on the business cycle, discuss the effect of the increase in the oil price on Government spending (G) and Consumer spend (C) in Saudi Arabia (2 x 2 marks = 4 marks) c. If oil prices go down, at what stage of the business the Saudi economy will likely be? (2 marks) D. Inspired by the experience of the UAE, Saudi Arabia has submitted its wish to host and organise EXPO 2030 in Riyadh City. If the request were to be approved, explain the effects of this EXPO 2030 on the relationship between oil prices and the Saudi econor (2 marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I US Paragraph Arial 14px