Suppose the price of gasoline and other petroleum products decline sharply. Which of the following will most likely occur as a result of the lower petroleum prices?
a. an increase in demand for solar heating systems
b. an increase in demand for larger, more powerful automobiles
c. an increase in demand for home insulation products
d. an increase in demand for gasoline
Question 2
In the short run, a decrease in the price level:
a. decreases output prices relative to input prices.
b. increases the profit margins of many producers.
c. decreases RGDP supplied.
d. both (a) and (c)
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Standardization of Selected Herbal Products
E10 is 10% ethanol and 90% gasoline.
E85 has 85% ethanol mixed with 15% gasoline.
Where’s the Saturated Fat in Your Foods? Saturated fat is found in animal products, tropical oils
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