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★ѕραndavir ★ѕραndavir
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6 years ago
Oil price increases generally produce ________ supply shocks in which the price level rises and then ________.
A) temporary, holds at its new higher level
B) temporary, returns to its previous level
C) permanent, holds at its new higher level
D) permanent, returns to its previous level
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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6 years ago
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