-Refer to Exhibit 8-1.Assume the economy is originally in equilibrium at point A.If the price of oil rises,at which point is the economy most likely to end up in the short run?
A) A
B) B
C) C
D) D

Question

-Refer to Exhibit 8-1.Assume the economy is originally in equilibrium at point A.If the price of oil rises,at which point is the economy most likely to end up in the short run?
A) A 
B) B 
C) C 
D) D

Quizplus · Accepted Answer

The Answer of 
-Refer to Exhibit 8-1.Assume the economy is originally in equilibrium at point A.If the price of oil rises,at which point is the economy most likely to end up in the short run?
A) A 
B) B 
C) C 
D) D