A Spike in Oil Prices Caused by Labor Disputes Would

question 133

Multiple Choice

A spike in oil prices caused by labor disputes would shift the:

• A) aggregate demand curve, but not the aggregate supply curve.
• B) aggregate demand curve and the short-run aggregate supply curve.
• C) short-run aggregate supply curve only.
• D) short-run and long-run aggregate supply curves.

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Definitions:

Projected Selling Price

The anticipated price at which a product or asset is expected to be sold in the future.

Expected Dividend

The dividend payments that investors anticipate receiving on their shares, based on the company's past dividends or growth prospects.

Securities Analysis

A systematic approach to valuing securities, especially stocks, by studying an issuing firm’s business and industry. The securities analyst plays an important role in the financial industry.

Dividends

Sum disbursed by a business to its shareholders, indicative of a fraction of the business's profit.