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2 votes
Which factor caused higher oil prices to directly lead to inflation?

2 Answers

4 votes

Answer:

In this perspective, an increase in the price of crude oil appears to increase inflation through the reduced supply of the many consumer goods using oil as an input.

Step-by-step explanation:

3 votes

Answer:

Lack of oil.

Step-by-step explanation:

Usually, if a popular product is low in stock, they raise the price.β⊃

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