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Author Question: Explain what would happen to the equilibrium price and quantity of gasoline if the supply of ... (Read 60 times)

drink

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on: Jun 30, 2018
Explain what would happen to the equilibrium price and quantity of gasoline if the supply of gasoline decreased while the demand for gasoline also decreased.
 
  What will be an ideal response?

Question 2

If real GDP grows at a faster rate than does population, then the standard of living, as measured by real GDP per person,
 
  A) worsens.
  B) remains the same.
  C) cannot be measured.
  D) improves.
  E) either improves, worsens, or stays the same, depending on the size of the population and the actual level of real GDP.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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ApricotDream

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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drink

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

aruss1303

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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