Select the correct answer. Which of the following statements describes the command economy of the Soviet Union? A. The government allowed private businesses to produce goods and services demanded by the market. B. The government decided what goods and services would be produced and supplied to the market. O. C. The government allowed workers to own the means of production. D. The government ensured high wages for workers. ​

Ithink it is called reservation

The price of oil and inflation are connected in a cause and effect relationship, that is, when the price of oil increases, inflation also increases in an economy. this is because, oil is a major input in the economy, that is, it is used for critical purposes such as fueling of vehicles for transportation, for running of industrial generators and machines, for heating homes, etc.for instance, if the price of oil increases in an economy, it will increase the cost of production for those using the oil in their production processes and they will automatically increase the cost of their products in order to offset the extra costs. this leads to general increase in the prices of products in the market and result in inflation.