When OPEC Caused the Price of Oil to Rise in the Early

question 141

Multiple Choice

When OPEC caused the price of oil to rise in the early 1970s,the:

• A) aggregate supply curve shifted to the right.
• B) aggregate supply curve shifted to the left.
• C) the aggregate demand curve shifted to the right.
• D) aggregate demand curve shifted to the left.
• E) price level in the economy fell.

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Definitions:

Cis-1-Ethyl-4-Isopropylcyclohexane

A cyclohexane molecule with ethyl and isopropyl groups attached in a cis configuration, meaning on the same side of the molecule.

Stable Conformation

Refers to the most energetically favorable spatial arrangement of atoms in a molecule, minimizing strain and repulsion.

Isopropylcyclohexane

An organic compound featuring a cyclohexane ring substituted with an isopropyl group, used in various chemical applications.

Chair Conformation

A term used to describe the most stable, staggered conformation of a cyclohexane ring, resembling a chair, which minimizes steric strain.