Τετάρτη, Οκτωβρίου 19, 2005

Is the Economy Less Sensitive to an Oil Shock?

Is the Economy Less Sensitive to an Oil Shock?: "
Economists are fond of saying that the economy is changing and becoming more about high-tech low-energy materials and advanced services, not heavy matter-and-energy stuff, and therefore those nasty old 1970s style oil shocks wouldn't cause so much of a …
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