Multiple Choice
Which of the following is likely to occur if OPEC increases the amount of oil it supplies and domestic energy prices fall,ceteris paribus?
A) Aggregate supply will decrease or shift to the left.
B) Aggregate supply will increase or shift to the right.
C) Aggregate demand will increase or shift to the right.
D) Aggregate demand will decrease or shift to the left.
Correct Answer:
Verified
Correct Answer:
Verified
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