A higher price for oil shifts the
A) SAS curve leftward.
B) LAS curve leftward.
C) SAS curve rightward.
D) AD curve rightward.
Correct Answer:
Verified
Q177: A demand-pull inflation occurred in the United
Q178: In April 2008 the price of oil
Q179: Q180: Cost-push inflation might initially result from Q181: If the prices of crucial raw materials Q183: By itself, an increase in the price Q184: In the short-run, an increase in the Q185: At the start of a cost-push inflation Q186: By itself, a fall in the price Q187: A leftward shift in the short run
A) an
A)
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