10 points, 2 parts For each of the following, state whether the statements are true, false or uncertain, and then provide your explanation using concepts from this course. All marks are reserved for the explanation. You must use your own words. Clearly label your answers as (a), (b), etc. a) In the long run, a permanent increase in the price of imported oil will have no impact on the domestic price level and real GDP. (5 marks) b) if a country is continuously able to discover new technologies or natural resources, or increase it's total factor productivity, it will never go through business cycles