Because fluctuations in the world oil price make the U.S. short-run macroeconomic equilibrium fluctuate, someone suggests that the government should vary the tax rate on oil, lowering the tax when the world oil price rises and increasing the tax when the world oil price falls, to stablize the oil price in the U.S. market.
If this suggestion is implemented, when the world price of oil ______, aggregate supply would ______.
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