Social Studies, 23.03.2020 22:57, acamjackie25561
In 1992, the government of Kar removed all restrictions on oil imports. This change caused the unemployment rate in the Kar oil industry to more than double by 1994, even though Kar’s overall unemployment rate fell. Removing the oil import restrictions also caused oil and gasoline prices in Kar to fall by 25% by 1997, even though prices of many other products increased.
1. Proposed conclusion-In 1994, the unemployment rate in Kar’s oil industry was higher than the nation’s overall unemployment rate. Conclusion follows (F) / Conclusion does not follow (DNF)
2. Proposed conclusion- The oil import restrictions had contributed to higher gasoline prices in Kar. Conclusion follows (F) / Conclusion does not follow (DNF)
3. Proposed conclusion- In general, prices and the unemployment rate fell in Kar between 1992 and 1997. Conclusion follows (F) / Conclusion does not follow (DNF)
Answers: 2
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In 1992, the government of Kar removed all restrictions on oil imports. This change caused the unemp...
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