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When the Price of Oil Rises Unexpectedly,the Equilibrium Price Level

question 84

Multiple Choice

When the price of oil rises unexpectedly,the equilibrium price level ________ and the unemployment rate ________ in the short run.


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The systematic pursuit of knowledge involving the observation, identification, description, experimental investigation, and theoretical explanation of phenomena.

Behavior

The actions or reactions of an object or organism, usually in relation to the environment.

Ethical Behavior

Ethical behavior relates to actions that are consistent with what society and individuals typically think are good values, involving honesty, fairness, and integrity.

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