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thank you QUESTION 6 Example 4. The Effects of an increase in Oil Prices: Which curve is shifting and to which side? P LRAS SRAS,

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QUESTION 6 Example 4. The Effects of an increase in Oil Prices: Which curve is shifting and to which side? P LRAS SRAS, P1 A AD Y YN O AD; right O AD; left O SRAS; right O SRAS; left O LRAS; right O LRAS; leftQUESTION 7 Example 4. The Effects of an increase in Oil Prices: Compared with the original equilibrium, in the new short run macroeconomic equilibrium, Y and P ? Y A. decreases P B. stays the same C. increases QUESTION 8 Example 4. The Effects of an increase in Oil Prices: Continuing from the previous question, if policymakers do nothing, in the long run, wages (increase, decrease, stay the same), (AD, SRAS, LRAS) shifts (left, right)

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