Many economists have argued that oil prices have a big impact on the performance of the economy. During the late 1990s, oil prices fell dramatically. Explain the effects of this drop in oil prices in the aggregate demand- aggregate supply model.

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The Answer of Many economists have argued that oil prices have a big impact on the performance of the economy. During the late 1990s, oil prices fell dramatically. Explain the effects of this drop in oil prices in the aggregate demand- aggregate supply model.

Many Economists Have Argued That Oil Prices Have a Big