What does a "spike" in oil prices mean?

a. a sudden sharp decline in prices
b. a sudden sharp increase in prices
c. a sudden sharp decrease followed by a small increase in prices
d. a prolonged increase in prices
e. a sudden sharp increase followed by similar decrease in prices


E

Political Science

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What would be the strengths and weaknesses of your solutions in the short term and in the long term? What will be an ideal response?

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