By Itself, a Fall in the Price of Oil Shifts

question 19

Multiple Choice

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

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

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