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Essay

Oil Prices And The Effects On U.S. Economy

Essay specific features

 

Issue:

English

 

Written by:

James D

 

Date added:

October 29, 2012

 

Level:

University

 

Grade:

B

 

No of pages / words:

4 / 986

 

Was viewed:

2241 times

 

Rating of current essay:

 
Essay content:

It just doesn't take much of it to make software. Just four years later, Huber’s article seems less accurate than it might have been viewed at the time it was written and yet, many of the indications presented in the article can be reasonably said to have survived the economic tumult that rising oil prices have caused in the US...
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It is, however, difficult to assess how much of an impact the price of oil is responsible for causing to various aspects of the economy. To be sure, oil price has a measurable impact, but at what point does the terrorist attack of 2001, the corporate scandals of 2002 and the Iraq war of 2003 become simply economic footnotes rather than an influencing factor on the buying power of the American public...
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