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    Exam 32: The Fed Model: Linking Interest Rates, Output, and Inflation
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    The 1973 OPEC Oil Embargo Is an Example of a Negative
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The 1973 OPEC Oil Embargo Is an Example of a Negative

Question 64

Question 64

Multiple Choice

The 1973 OPEC oil embargo is an example of a negative _____ shock to the U.S. economy.


A) deflation
B) financial
C) supply
D) spending

Correct Answer:

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