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    Exam 9: From the Short to the Medium Run: the Is-Lm-Pc Model
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    What Is the Major Reason for Oil Price to Go
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What Is the Major Reason for Oil Price to Go

Question 3

Question 3

Multiple Choice

What is the major reason for oil price to go up in the 2000s?


A) formation of the OPEC
B) fast of growth of emerging economies
C) new energy
D) higher demand from the US

Correct Answer:

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