Josiah Matthews

10 July, 02:37

Assume the economy is at full employment. Which of the following would you expect,

if oil prices suddenly decreased?

a.) a recession

b.) a decrease in employment below its full-employment level

c.) an increase in employment above its full-employment level

an economic contraction

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “Assume the economy is at full employment. Which of the following would you expect, if oil prices suddenly decreased? a.) a recession b.) a ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

ap psych unit 8b emotions, stress, and health the field that integrated behavoiral and medical knowledge relevant to health and disease is

What is psychological dependence?

Pierre works for a local newspaper and wants to get his first front-page story. To guarantee his success, he fabricates several sources in a story about a nonexistent gang. Pierre has created:

What country is being described here

What is the relationship between national debt and deficit? a. a deficit is the money the government owes the states b. a deficit is the sum of national debts c. the national debt is an accumulation of deficits d.

New Questions in Social Studies

If stricter immigration laws are imposed and many foreign workers in the United States are forced to go back to their home countries, Group of answer choices a) we will move down along the long-run aggregate supply curve.

Incident objectives that drive incident operations are established by the

The classification of a crime scene interferes with the priority or importance of that crime scene?

For which branch of government is the President responsible?

A sociologist studies drug-use patterns among small groups of college students in a midwestern college. this would be an example of