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

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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