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Is the quotation rising oil prices have caused a sharp decrease in the demand for oil a correct statement?
Wiki User
∙ 12y ago
yes
Wiki User
∙ 12y ago
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''Falling oil prices have caused a sharp decrease in the supply of oil'' Speaking precisely and using terms as they are defined by economists. Write the statement that best describes this statement?
The quotation is incorrect: A decrease in price causes a decrease in the quantity supplied, not a decrease in supply.
''Rising oil prices have caused a sharp decrease in the demand for oil.'' Speaking precisely and using terms as they defined by economists choose the statement that describes this quotes?
The quotation is incorrect: An increase in price causes a decrease in the quantity demanded, not a decrease in demand.
The farming crisis in the 1920s was caused by a decrease in demand for crops after what?
World War I.
What caused of the stock market crash?
people who took out loans couldn't pay them back and eventually caused a major decrease in the community's money.
An increase in aggregate demand is most likely to be caused by a decrease in?
The tax rates on household income.
''Falling oil prices have caused a sharp decrease in the supply of oil'' Speaking precisely and using terms as they are defined by economists. Write the statement that best describes this statement?
The quotation is incorrect: A decrease in price causes a decrease in the quantity supplied, not a decrease in supply.
''Rising oil prices have caused a sharp decrease in the demand for oil.'' Speaking precisely and using terms as they defined by economists choose the statement that describes this quotes?
The quotation is incorrect: An increase in price causes a decrease in the quantity demanded, not a decrease in demand.
What has caused in the decrease in the country's production?
Recession.
Is socialization decrease caused by too much homework?
No it is caused by a mental imbalance
What caused the decrease in the Gila monsters population?
Slugs
What caused your heart rate to increase and decrease?
fudge
Which facts regarding radiation symptoms are correct?
Symptoms are caused by radiation-destroying cells. ============================ Something tells me there was a third-party list involved here somehow. No matter. All of them are. Not every statement is a "fact", but a "fact" is always correct..
What has caused the death rate to decrease?
Better health care
What caused the demand for Farms products to decrease in the?
The Countywide Recession
An increase in evaporation is caused by?
- an increase of the temperature - a decrease of the pressure
What has caused my water pressure to decrease?
internal piping has mineral deposits
Which event caused a decrease in trans Saharan trade?
The settlement of timbuktu
