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Chapter 38

2025.9 : A-A (analysis included)

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Chapter 38 · 2025.9 : A-A (analysis included) · READING 1

Although oil shocks—such as the 145% rise in oil prices between February 2007 and June 2008—can strongly affect individual consumers, Gbadebo Oladosu and colleagues have shown that at the level of national economies, their effects are often quite_________. The effect of recent oil shocks on the gross domestic product of India, for example, was only slightly greater than zero.

Which choice completes the text with the most logical and precise word or phrase?

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