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Figure: Real Output Shock This Figure Shows How Real

Question 124

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Figure: Real Output Shock Figure: Real Output Shock This figure shows how real output growth reacts to a shock of a 10% increase in the price of oil. How long does it take for the economy to return to normal? A) 5 quarters B) 5 years C) 10 years D) 2.5 years This figure shows how real output growth reacts to a shock of a 10% increase in the price of oil. How long does it take for the economy to return to normal?


A) 5 quarters
B) 5 years
C) 10 years
D) 2.5 years

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