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Quiz
Related Lesson
The Dangers of Fiscal Policy
Knowledge Check
Knowledge Check
Question 1 of 3
Suppose there is a negative oil shock and oil prices dramatically increase. What has happened?
The aggregate demand curve shifts right.
The aggregate demand curve shifts left.
The aggregate supply curve shifts right.
The aggregate supply curve shifts left.
a and c only.
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Related Courses
Course
Principles of Macroeconomics
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