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5. (15 points) The following questions are based on the reading Forty years of oil price fluctuations: why the price of oil may still surprise

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5. (15 points) The following questions are based on the reading \"Forty years of oil price fluctuations: why the price of oil may still surprise us." Baumeister and Kilian 2016: a. True or false: The magnitude of an oil price shock depends on how price expectations are formed. b. Baumeister and Kilian introduce four different measures of oil price expectations. Whose perspective do each of these price expectations represent? c. of those four, which group tends to experience the largest price shocks

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