TITLE

The Sensitivity of (he General Price Level to Changes in the Price of Crude Oil

AUTHOR(S)
Klein, Lawrence R.; Duggal, Vijaya G.; Saltzman, Cynthia
PUB. DATE
October 2005
SOURCE
Business Economics;Oct2005, Vol. 40 Issue 4, p74
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article discusses the sensitivity of the general price level to changes in the prices of crude oil. Since there are many direct and indirect effects of changing crude oil prices on the inflation rate, it is not surprising that there are different views about the resulting effects on the general price level and also on other aspects of the general economy.
ACCESSION #
19057805

 

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