In the mid-1970s, the price of oil rose dramatically.This
A) shifted aggregate supply left.
B) caused the U.S.prices to fall.
C) shifted aggregate supply right.
D) All of these responses are correct..
Correct Answer:
Verified
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Q41: Which of the following would cause stagflation?
A)Aggregate
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Q45: When the expenditure schedule is too low,
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Q49: Over time, aggregate demand and aggregate supply
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