Solved

If Oil Prices Increase Then,in the Short Run,real GDP Will

Question 76

Multiple Choice

If oil prices increase then,in the short run,real GDP will ________ and the price level will ________.

A) not change;rise
B) increase;fall
C) decrease;rise
D) decrease;fall
E) increase;rise

Related Questions

Q19: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8401/.jpg" alt=" -The aggregate demand

Q20: When the price level rises and increases

Q22: Which of the following shifts the aggregate

Q28: If profits are high because the price

Q38: A rise in the price level<br>A) decreases

Q42: Which of the following shifts the aggregate

Q71: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1012/.jpg" alt=" The change reflected

Q76: An increase in _ increases potential GDP

Q79: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1012/.jpg" alt=" -In the figure

Q87: Which of the following shifts the aggregate