1. By about how much did the price of oil decline from 1931-1932?

A- 10 percent
B- 19 percent
C- 50 percent
D- 90 percent ****

2. What is the most basic feature of a boom-and-bust cycle?
A- government regulation
B- rapid price changes ****
C- steady production
D- the development of a new product

3. What is one reason for the crash in the boom-and-bust cycle?
A- Overproduction leads to oversupply and then to fall in prices. ****
B- Prices rise too high, causing supply to decrease.
C- The product becomes too valuable, driving away investors.
D- Underproduction leads to a decrease in demand.

Can someone please check my answers? Thank You

10 answers

I don't know the answer to # 1. Check your reading assignment.

2 and 3 are correct.
It’s right I got 100%
D
B
A
About 1 year later...
still 100 ._.
It is Erin for me D B A IS IT
A full year later, today is Feb 10, 2020. STILL A 100 WHOOO
1) 90 percent {D}
2) rapid price changes {B}
3) Overproduction leads to oversupply and then to a fall in prices {A}

Guaranteed 100%
about 2 years latter it is right (╯°□°)╯︵ ┻━┻ ┻━┻ ︵ \( °□° )/ ︵ ┻━┻ FLIP ALL THE TABLES
@bend over i thought i would never see you agian
you could prob make all your texts into some funny memes.
stop the count
2022 another year later D, B, A IS STILL CORRECT!
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