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The Impact of the Rise in the Price of Crude Oil on the World Economy: Prognosis and Policy Options

Description: This report outlines the major effects of OPEC countries raising the effective oil prices from $3.45 a barrel to $9 a barrel in 1973. The main economic problems the author mentions are inflation, domestic demand, and acute balance-of-payments. In addition, this report outlines policy options for the United States and other industrial countries.
Date: February 10, 1974
Creator: Reifman, Alfred
Partner: UNT Libraries Government Documents Department
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