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If the price of oil rises, the

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If the price of oil rises, the

If the price of oil rises, the
A) AD curve shifts rightward, real GDP increases, and the price level rises.
B) AS curve shifts leftward, the price level rises, and real GDP decreases.
C) AD curve and the AS curve shift leftward, real GDP decreases, and the price level rises.
D) AD curve and the AS curve shift rightward, the price level rises, and real GDP decreases.
E) AS curve shifts leftward, the price level rises, and real GDP increases.

Textbook

Essential Foundations of Economics

Edition: 7^th

Authors: Bade, Parkin

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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.

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Loraine Author

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This site is awesome

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Good timing, thanks!

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Thanks for your help!!

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