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    Principles of Macroeconomics Study Set 8
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    Exam 20: Aggregate Demand and Aggregate Supply: Two Causes of Economic Fluctuations
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    In 1986,OPEC Countries Increased Their Production of Oil
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In 1986,OPEC Countries Increased Their Production of Oil

Question 94

Question 94

Multiple Choice

In 1986,OPEC countries increased their production of oil.This caused


A) the price level to rise.
B) aggregate supply to shift right.
C) unemployment to rise.
D) None of the above is correct.

Correct Answer:

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