Country X is the largest producer and exporter of oil in the world. Which of the following is likely to happen if the world demand for oil increases?
A) Country X's labor demand curve will shift to the right.
B) Asset prices in Country X will fall.
C) Country X's labor supply curve will shift to the left.
D) Consumption expenditure in Country X will fall.
A
Economics
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The purchase of government bonds by the Fed leads to a(n)
A) increase in the demand of bonds and a decrease in the price of bonds. B) increase in the supply of bonds and a decrease in bond prices. C) decrease in the demand of bonds and an increase in the price of bonds. D) decrease in the supply of bonds and an increase in bond prices.
Economics
Briefly discuss the main advantage of the bimetallic standard over the gold standard
What will be an ideal response?
Economics