Suppose OPEC Unexpectedly Collapses, Which Leads to a Fall in the Price

Multiple Choice

Suppose OPEC unexpectedly collapses, which leads to a fall in the price of oil. As a result, the price level

A) rises, and real GDP increases.
B) rises, and real GDP decreases.
C) falls, and real GDP increases.
D) falls, and real GDP decreases.
E) rises, and real GDP remains the same.