In a blog on the Economist web site, correspondent Matt Yglesias makes the following statement: [We] need
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In a blog on the Economist web site, correspondent Matt Yglesias makes the following statement: “[We] need to note that rising oil prices represent both demand shocks and supply shocks to the American economy.” Explain how increases in oil prices can cause shifts in both aggregate demand and aggregate supply.
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Money Banking And The Financial System International Edition
ISBN: 978-1292000183
2nd Edition
Authors: R. Glenn Hubbard ,Anthony P Obrien
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