menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Study Set 11
  4. Exam
    Exam 26: An Introduction to Macroeconomics
  5. Question
    Sharply Rising Oil Prices Are Most Likely to Lead to a
Solved

Sharply Rising Oil Prices Are Most Likely to Lead to a

Question 43

Question 43

Multiple Choice

Sharply rising oil prices are most likely to lead to a


A) negative demand shock.
B) positive demand shock.
C) negative supply shock.
D) positive supply shock.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q23: At the end of the summer driving

Q39: Macroeconomics is primarily concerned with studying two

Q40: In situations of sticky prices and negative

Q41: The term "shock"<br>A)always refers to an unexpectedly

Q45: Which of the following is not a

Q46: For which of the following goods and

Q47: Real GDP measures the<br>A)total dollar value of

Q48: If nominal GDP is rising faster than

Q62: Because prices are sticky, a positive demand

Q128: Financial institutions reward savers with the following,

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines