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A temporary supply shock, such as an increase in oil prices, would

johnpaul92

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8 years ago

A temporary supply shock, such as an increase in oil prices, would

A temporary supply shock, such as an increase in oil prices, would
A) shift the IS curve up and to the right, but leave the FE line unchanged.
B) shift the IS curve down and to the left and shift the FE line to the left.
C) shift the IS curve down and to the left and leave the FE line unchanged.
D) have no effect on the IS curve.

Textbook

Macroeconomics

Edition: 8^th

Authors: Abel, Bernanke, Croushore

Read 163 times

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supaman

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johnpaul92 Author

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#2

8 years ago

Wow, you answered what I thought was impossible to answer, thank you!

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supaman

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#3

8 years ago

Take care for now

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