Solved

How Do Changes in the Price of Oil Affect Economies

Question 207

Multiple Choice

How do changes in the price of oil affect economies?


A) They lead to recession and deflation
B) They do not contribute much to output fluctuations.
C) They change the economy principally by changing aggregate demand.
D) They may create both inflation and recession.

Correct Answer:

verifed

Verified

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

Related Questions