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By itself, an increase in the price of oil shifts the

vellojo

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By itself, an increase in the price of oil shifts the

By itself, an increase in the price of oil shifts the
A) aggregate demand curve leftward and does not shift the short-run aggregate supply curve.
B) short-run aggregate supply curve leftward and does not shift the aggregate demand curve.
C) short-run aggregate supply curve rightward and does not shift the aggregate demand curve.
D) aggregate demand curve rightward and does not shift the short-run aggregate supply curve.

Textbook

Foundations of Macroeconomics

Edition: 8^th

Authors: Bade, Parkin

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Studying economics @ Edinburgh U

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ukrania

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vellojo Author

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7 years ago

Thank you for this

Comes at the right time too!

Good luck on your exams

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Studying economics @ Edinburgh U

ukrania

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7 years ago

Happy to help Slight Smile

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