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
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Ceteris paribus, a real depreciation of the dollar will decrease net exports in the United States
Indicate whether the statement is true or false
The term loanable funds refers to money that is available for borrowing by households, businesses, and governments
a. True b. False Indicate whether the statement is true or false
The productivity speed-up in the United States began in the
A. mid-1970s. B. mid-1980s. C. mid-1990s. D. beginning of 2001.
Real GDP measures the:
A. Market value of goods and services produced. B. Standard of living. C. Actual quantity of goods and services produced. D. Level of productivity.