A Rapid Increase in the Price of Oil Will Tend

question 129

Multiple Choice

A rapid increase in the price of oil will tend to

• A)shift short-run aggregate supply to the left.
• B)shift long-run aggregate supply to the left.
• C)shift long-run aggregate supply to the right.
• D)shift aggregate demand to the right.
• E)shift short-run aggregate supply to the right.

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