It was easy for a "commoner" from the third estate to change his estate by acquiring wealth. a. true b. false

The price of oil and inflation are connected in a cause and effect relationship, that is, when the price of oil increases, inflation also increases in an economy. this is because, oil is a major input in the economy, that is, it is used for critical purposes such as fueling of vehicles for transportation, for running of industrial generators and machines, for heating homes, etc.for instance, if the price of oil increases in an economy, it will increase the cost of production for those using the oil in their production processes and they will automatically increase the cost of their products in order to offset the extra costs. this leads to general increase in the prices of products in the market and result in inflation.

the imf provides economic advice and loans to developing countries.

economic advice:

policy advice to governments and central banks based on analysis of economic trends and cross-country experiences; research, statistics, forecasts, and analysis based on tracking of global, regional, and individual economies and markets; technical assistance and training to countries improve the management of their economies.

loans:

loans to countries overcome economic difficulties; concessional loans to fight poverty.

these are the goals the fund wants to achive.