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In the US an Increase in the World Price of Oil

Question 123

Multiple Choice

In the US an increase in the world price of oil would likely


A) decrease unemployment, and the decrease would be greater the more generous unemployment insurance benefits were.
B) decrease unemployment, but the decrease would be smaller the more generous unemployment insurance benefits were.
C) increase unemployment, and the increase would be greater the more generous unemployment insurance benefits were.
D) increase unemployment, but the increase would be smaller the more generous unemployment insurance benefits were.

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