Multiple Choice
A decrease in the price of oil will tend to cause which of the following?
A) An increase in the aggregate price level as output increases.
B) No change in the interest rate in the medium run.
C) No change in the real wage in the medium run.
D) An increase in investment in the medium run.
E) An increase in the natural rate of unemployment.
Correct Answer:
Verified
Correct Answer:
Verified
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