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Despite the U.S.'s apparent addiction to foreign oil, the recent drop in oil prices will cause which of the following, ceteris paribus? (3) a. An
Despite the U.S.'s apparent addiction to foreign oil, the recent drop in oil prices will cause which of the following, ceteris paribus? (3) a. An increase in the quantity demanded for oil. b. An increase in the demand for oil. c. A decrease in the demand for oil. d. A decrease in the supply of oil. e. Answers a., b. and d. are all correct
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