An increase in the price of imported oil leads to a:?

a)positive demand shock
b)negative demand shock.
c)positive supply shock.
d)negative supply shock.

4 Responses to “An increase in the price of imported oil leads to a:?”

  1. Shadow337 Says:

    b) negative demand shock
    -> as price of imported oil increases, it will decrease demand.

  2. Luke Says:

    war

  3. Liam Says:

    Negative demand stock.

  4. No religion in this pub Says:

    B