For each of the following events, describe the effect of the event on prices for one of these goods: food, housing, or oil. Make your best guess as to what might happen in the case of each event, and explain your reasoning for why the event might or might not affect prices for a particular good.

1. International terrorists threaten to detonate a nuclear weapon.

2. The Federal Reserve chairman says that the central bank will raise interest rates.

3. A free-trade agreement between the United States and Mexico is enacted.

the bhopal lake was the largest artificial lake

european feudalism was a combination of legal and military customs in medieval europe that flourished between the 9th and 15th centuries. broadly defined, it was a way of structuring society around relationships derived from the holding of land in exchange for service or labour.

japanese feudalism. the era of feudalism in japan took place from the 12th through 19th centuries. during that period local rulers, either powerful families or military warlords, dominated the land, while the emperor was merely a figurehead and not a significant political presence.

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