By Itself,an Increase in the Price of Oil Shifts the

question 306

Multiple Choice

By itself,an increase in the price of oil shifts the

• A)aggregate supply curve leftward and does not shift the aggregate demand curve.
• B)aggregate supply curve rightward and does not shift the aggregate demand curve.
• C)aggregate demand curve leftward and does not shift the aggregate supply curve.
• D)aggregate demand curve rightward and does not shift the aggregate supply curve.
• E)aggregate demand curve rightward and shifts the potential GDP line rightward.

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Definitions:

Worker's Productivity

A measure of the efficiency of a worker, calculated by the output produced over a defined period of time relative to the input used.

Virtuality Of Work

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Information Technology

The use of computers and software to manage information, including the storage, retrieval, transmission, and manipulation of data.

Electronic Communication

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