Solved

The Price of Imported Oil Decreased in 2001

Question 56

Multiple Choice

The price of imported oil decreased in 2001.How did this affect the aggregate supply curve?


A) The aggregate supply curve became steeper.
B) The aggregate supply curve became flatter.
C) The aggregate supply curve shifted inward.
D) The aggregate supply curve shifted outward.

Correct Answer:

verifed

Verified

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

Related Questions