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    Economics Principles and Policy Study Set 2
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    Exam 26: Bringing in the Supply Side: Unemployment and Inflation
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    In the Mid-1970s, the Price of Oil Rose Dramatically
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In the Mid-1970s, the Price of Oil Rose Dramatically

Question 179

Question 179

Multiple Choice

In the mid-1970s, the price of oil rose dramatically.This


A) shifted aggregate supply left.
B) caused the U.S.prices to fall.
C) shifted aggregate supply right.
D) All of these responses are correct..

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