The U.S. dollar is a composite currency.
a. True
b. False
Indicate whether the statement is true or false
Question 2
A more efficient process for refining oil into gasoline is developed. As a result, the market price of gasoline:
a. and the quantity of gasoline purchased both increase.
b. increases and the quantity of gasoline purchased falls.
c. decreases and the quantity of gasoline purchased rises.
d. decreases and the demand curve for gasoline shifts to the right.