Multiple Choice
Which of the following is NOT an explanation for the instability of oil prices?
A) technological advances that have made it profitable to develop oil
B) fluctuations in the rate of growth in major economies
C) barriers to ship oil to overseas markets
D) environmental groups' desire to maintain current levels of carbon emissions
Correct Answer:
Verified
Correct Answer:
Verified
Q83: Suppose the economy is in long-run equilibrium.
Q84: In the aggregate demand and aggregate supply
Q85: In which situation would the long-run aggregate-supply
Q86: What happens to prices and output when
Q87: In which situation would the long-run aggregate-supply
Q89: What is included in the aggregate demand
Q90: How does the size of investment as
Q91: What are the effects of a decrease
Q92: Suppose the economy is in long-run equilibrium.
Q93: Figure 14-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 14-1