What occurred beginning that increased the price of oil

Assignment Help Macroeconomics

Reference no: EM133654596

Problem: Analyze Time Series Chart

1. The question to be asked is, why did the pattern(s) occur or not occur?

2. What occurred beginning in 2005 that increased the price of oil and why did it continue to increase until 2008?

3. What occurred beginning in 2009 that increased the price of oil and why did it continue to increase until 2012?

4. What occurred beginning in 2013 that decreased the price of oil and why did it continue to decrease until 2017?

5. What occurred beginning in 2020 that increased the price of oil?(oil fluctuations during the Covid-19 pandemic)

Reference no: EM133654596

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