(1) If the price of oil rises and the value of homes increase, then we would predict that: A. Equilibrium national income will increase and the equilibrium price level will increase B. It is unknown what will happen to equilibrium national income, but the equilibrium price level will increase C. Equilibrium national income will decrease and the equilibrium price level will decrease D. Equilibrium national income will decrease, but it is unknown what will happen to the equilibrium price