By Itself, a Fall in the Price of Oil Shifts

question 73

Multiple Choice

By itself, a fall in the price of oil shifts the

• A) aggregate demand curve leftward and does not shift the short- run aggregate supply curve.
• B) aggregate demand curve rightward and does not shift the short- run aggregate supply curve.
• C) short- run aggregate supply curve leftward and does not shift the aggregate demand curve.
• D) short- run aggregate supply curve rightward and does not shift the aggregate demand curve.

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The movement of people or goods from one location to another through various modes like road, rail, air, and water.

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