Help with Politics and government!?
Help with Politics and government!? For each of the following events, describe the effect of the event on prices for one of these goods: food, housing, or oil.
Make your best guess as to what might happen in the case of each event, and explain your reasoning for why the event might or might not affect prices for a particular good.
Iran threatens to detonate a nuclear weapon
The Federal Reserve chairman says that the central bank will raise interest rates.
A free-trade agreement between the United States and Mexico is enacted.
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