The organization of petroleum exporting countries (opec) controls much of the world's production of oil. if its members decide to lower their daily oil production, the price per barrel can rise. this can result not only in increased gasoline prices, but a general increase in prices over much of the economy because of the increased cost of transportation and production. this inflationary end result is predicted by the economic theory of
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The stamp act: was passed by parliament in 1776 caused the boston massacre was the first direct tax levied by england on the colonists sparked protest in the colonies
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The organization of petroleum exporting countries (opec) controls much of the world's production of...
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