Asked by Crystal Weaver on Jul 26, 2024

verifed

Verified

Suppose a war in the Middle East interrupts the flow of crude oil and oil prices skyrocket around the world. For economists, this historical episode serves as a

Historical Episode

A significant event or series of events in the past that has a substantial impact on the present or future.

  • Understand the implementation of economic principles in the analysis of historical occurrences and practical scenarios.
verifed

Verified Answer

MS
Marcus SparksJul 26, 2024
Final Answer :
natural experiment.