According to the AS-AD model, if oil prices fall, then equilibrium output and the equilibrium prices rise in the short run.
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Q7: An increase in the interest rate shifts
Q8: An increase in investment shifts aggregate demand
Q9: If there is high unemployment, AS would
Q10: The AS-AD model shows long-run money neutrality.
Q11: According to the AS-AD model with output
Q13: According to the quantity theory of money,
Q14: An improvement in productivity can increase the
Q15: If input prices and output prices were
Q16: An increase in government spending implies an
Q17: Wars induce long-term growth.
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