Solved

If There Is an Increase in the Price of Oil

Question 85

Multiple Choice

If there is an increase in the price of oil, then


A) unemployment rises.If the central bank tries to counter this increase, inflation rises.
B) unemployment rises.If the central bank tries to counter this increase, inflation falls.
C) unemployment falls.If the central bank tries to counter this decrease, inflation falls.
D) unemployment falls.If the central bank tries to counter this decrease, inflation rises.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions