Question: Explain why a decrease in the price of foreign oil shifts the aggregate supply curve outward to the right. What are the consequences of such

Explain why a decrease in the price of foreign oil shifts the aggregate supply curve outward to the right. What are the consequences of such a shift?

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1. Explain why a decrease in the price of foreign oil shifts the aggregate supply curve outward to the right. What are the consequences of such a shift?

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