-In the above figure, the economy is at point A. An increase in oil prices that sets off a cost-push inflation will initially move the economy from point A to point
A) A, that is, the economy does not change.
B) B.
C) C.
D) D.

Question

-In the above figure, the economy is at point A. An increase in oil prices that sets off a cost-push inflation will initially move the economy from point A to point
A) A, that is, the economy does not change. 
B) B. 
C) C. 
D) D.

Quizplus · Accepted Answer

The Answer of 
-In the above figure, the economy is at point A. An increase in oil prices that sets off a cost-push inflation will initially move the economy from point A to point
A) A, that is, the economy does not change. 
B) B. 
C) C. 
D) D.

-In the Above Figure, the Economy Is at Point A an Increase