Suppose the economy is initially at point A in the diagram below, and oil prices suddenly fall. Which point best depicts where the economy will end up in the short run?
A) C
B) E
C) D
D) A
E) F

Question

Suppose the economy is initially at point A in the diagram below, and oil prices suddenly fall. Which point best depicts where the economy will end up in the short run? 
A) C 
B) E 
C) D 
D) A 
E) F

Quizplus · Accepted Answer

The Answer of Suppose the economy is initially at point A in the diagram below, and oil prices suddenly fall. Which point best depicts where the economy will end up in the short run? 
A) C 
B) E 
C) D 
D) A 
E) F

Suppose the Economy Is Initially at Point a in the Diagram