Multiple Choice
If oil prices decrease,
A) the short-run aggregate supply curve will shift down.
B) the long-run aggregate supply curve will shift to the left.
C) the short-run aggregate supply curve will shift up.
D) the long-run aggregate supply curve will shift to the right.
Correct Answer:
Verified
Correct Answer:
Verified
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Q21: Figure 9.1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4177/.jpg" alt="Figure 9.1