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Social Studies, 04.12.2020 17:20 mohamedramadan
Refer to the Article Summary. The unexpected increase in the supply of oil mentioned in the article summary resulted in a decrease in the price of oil. When the price of oil falls unexpectedly due to a supply shock, the equilibrium price level and the unemployment rate in the short run. A. Falls. B. Falls rises. C. Falls falls. D. Rises rises. E. Rises.
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