Explain how oil prices affect the aggregate demand or aggregate supply of an economic?

This is a REPORT writting, Font size 12 Arial, double spaced. must be critically analysed to evaluate business economic concepts. Introductions and conclusion should briefly address the issues to be discussed and discussed respectively. Must be HAVARD REFERENCED

Global oil prices have fallen sharply over the past year, leading to significant revenue shortfalls in many energy exporting nations, while consumers in many importing countries are likely to have to pay less to heat their homes or drive their cars. Question: how oil prices affect the Aggregate Demand or Aggregate Supply of an economic? Please select one of the below: 1) the petrol exporting nations 2) petrol importing nations

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