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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
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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

User Belal Mazlom
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1 Answer

5 votes

Answer:

a decrease in employment below its full employment level

Step-by-step explanation:

User Raab
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