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    Modern Principles of Economics Study Set 2
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    Exam 3: Business Fluctuations: Aggregate Demand and Supply
  5. Question
    In the Oil Market, an Increase in the Wage of Oil
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In the Oil Market, an Increase in the Wage of Oil

Question 4

Question 4

Multiple Choice

In the oil market, an increase in the wage of oil workers will:


A) shift the supply curve of oil to the right.
B) shift the supply curve of oil to the left.
C) shift the demand curve for oil to the left.
D) shift the demand curve for oil to the right.

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