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    Exam 9: From the Short to the Medium Run: the Is-Lm-Pc Model
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    From 1970 to the Mid-1990s,the Relative Price of Crude Petroleum
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From 1970 to the Mid-1990s,the Relative Price of Crude Petroleum

Question 18

Question 18

Multiple Choice

From 1970 to the mid-1990s,the relative price of crude petroleum


A) steadily increased.
B) steadily decreased.
C) increased dramatically, then decreased dramatically.
D) decreased dramatically, then increased dramatically.
E) remained more or less the same.

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