If oil prices fall at the same time that the federal government increases its purchases, in the short run

A) aggregate output and the price level will both increase.
B) aggregate output will increase, but the price level will fall.
C) aggregate output and the price level will both fall.
D) aggregate output will increase, but the price level may either increase or decrease.

D

Economics

You might also like to view...

Suppressed technologies

A) is what lead to the development of internet search engines. B) means that price controls are needed for corporate control. C) means that new inventions always are introduced by entrepreneurs. D) means that firms often hide threatening new inventions.

Economics

"Everybody has a comparative advantage in something." Do you agree or disagree? Why?

What will be an ideal response?

Economics