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    Principles of Macroeconomics Study Set 12
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    Exam 11: The Determination of Aggregate Output, the Price Level, and the Interest Rate
  5. Question
    An Oil Price Increase Would
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An Oil Price Increase Would

Question 224

Question 224

Multiple Choice

An oil price increase would


A) increase aggregate demand.
B) decrease short-run aggregate supply.
C) decrease aggregate demand.
D) increase short-run aggregate supply.

Correct Answer:

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