An increase in oil prices will
A) shift the short-run aggregate supply curve up and to the left.
B) shift the short-run aggregate supply curve down and to the right.
C) cause a movement along the short-run aggregate supply curve.
D) not affect the short-run aggregate supply curve.
A
Economics
You might also like to view...
Traditionally, Wall Street investment banks had been organized as partnerships, but by 2000 they had converted to being publicly traded companies
As partnerships, the principal-agent problem is ________ because there is ________ separation of ownership from control. A) increased; little B) reduced; much C) reduced; little D) increased; much
Economics
Employing a general-equilibrium approach, describe the effect of a new law that prohibits steel imports
What will be an ideal response?
Economics