Start learning →

Hamilton linked most post-war recessions to an increase in the price of:

AWheat
BGold
COil
DCotton
Answer & Solution
Correct answer: C. Oil
Most post-war recessions were connected to a rise in oil prices, a commodity price shock.
Practise this question with Quill — CA Foundation →

Keep practising Business Cycles

Browse all Business Cycles questions for CA Foundation, or explore more Business Economics topics.

Start a Business Cycles lesson →
Related questions