If There Is a Sharp Increase in Oil Prices, in the Short

Multiple Choice

If there is a sharp increase in oil prices, in the short run

A) consumption and investment will fall.
B) consumption will fall, investment will increase, and net exports will fall.
C) consumption, investment, and net exports will stay constant.
D) consumption will fall while investment and net exports will stay constant.
E) consumption will fall, net exports will increase, and investment will stay constant.