Please respond to ONE of the following questions:
Problem 4 in the â€œProblems to Ponderâ€ section at the end of chapter 9 asks about the oil price increase from 1973-1980. We have also seen this in 2005 and 2010, although not as dramatic a price increase. Please answer the questions in this problem. Discuss.
Problem 8 in the â€œProblems to Ponderâ€ section at the end of chapter 9 is an issue today. Discuss this proposition and what can be done to solve Californiaâ€™s financial crisis.
What role to business firms have to help solve this issue?
(I do not have the questions from book, you must research question)