Which of the following is NOT an explanation for the instability of oil prices?
A) technological advances that have made it profitable to develop oil
B) fluctuations in the rate of growth in major economies
C) barriers to ship oil to overseas markets
D) environmental groups' desire to maintain current levels of carbon emissions
Correct Answer:
Verified
Q20: A decrease in the price level makes
Q30: Technological progress shifts the long-run aggregate supply
Q194: What did Keynes believe that economies experiencing
Q195: Suppose the economy is in long-run equilibrium.
Q196: Suppose the economy is in long-run equilibrium.
Q197: What did The General Theory, a 1936
Q198: Suppose the economy is in long-run equilibrium.
Q200: Suppose the economy was in long-run equilibrium
Q202: What has been suggested as a cause
Q204: Other things the same, a decrease in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents