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Loraine Loraine
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Posts: 4563
8 years ago
By itself, an increase in the price of oil shifts the
A) aggregate supply curve leftward and does not shift the aggregate demand curve.
B) aggregate supply curve rightward and does not shift the aggregate demand curve.
C) aggregate demand curve leftward and does not shift the aggregate supply curve.
D) aggregate demand curve rightward and does not shift the aggregate supply curve.
E) aggregate demand curve rightward and shifts the potential GDP line rightward.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 179 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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Posts: 3807
8 years ago
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Loraine Author
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8 years ago
Smart ... Thanks!
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Yesterday
this is exactly what I needed
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2 hours ago
Helped a lot
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