Macroeconomics; The Price of Oil

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This 6 page paper looks at the price of oil including the price in 2007 as well as events such as the embargo of 1973 and the crisis of the 1970’s, the impact of the First Gulf War and the aftermath of 9/11. The paper compares the patterns in oil prices with other patterns, including unemployment, recessions and inflation. The bibliography cites 4 sources.