Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Our Q&A platform offers a seamless experience for finding reliable answers from experts in various disciplines. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

World oil prices increased drastically since the war in Ukraine. How does this increase in oil price affect the AD-AS model?
A. The aggregate supply curve shifts to the right.
B. The aggregate demand curve shifts to the right.
C. The aggregate demand curve shifts to the left.
D. The aggregate supply curve shifts to the left.