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    Exam 6: Aggregate supply and the phillips curve
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    The Real (Inflation Adjusted) Price of Crude Oil
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The Real (Inflation Adjusted) Price of Crude Oil

Question 49

Question 49

Multiple Choice

The real (inflation adjusted) price of crude oil


A) more than doubled between 1978 and 1981
B) was lower in 1998 than in 1980
C) was higher in 2008 than in 1980
D) increased more than fourfold between 1998 and 2008
E) all of the above

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