An economy can overcome a large negative oil shock faster if:

Name: An economy can overcome a large negative oil shock faster if:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A technological advancement such as the development of alternative energy sources can decrease the dependence on oil and mitigate the effects of an oil shock on the economy. Additional rainfall, an increase in the money supply, and an increase in gasoline taxes may have some impact on the economy, but they would not directly address the issue of the negative oil shock.

An Economy Can Overcome a Large Negative Oil Shock Faster