If government saving is negative, then
A) G > T. B) Y + TR < C - T. C) T - TR < G. D) T > TR.
Question 2
In December 2014, the average price of gasoline in the United States was 2.50 per gallon and consumers bought 7 percent more gasoline than they had during April 2014, when the average price was 3.60 per gallon.
Based on these numbers, what was the price elasticity of demand for gasoline from April 2014 to December 2014?
A) -0.02 B) -0.19 C) -1.01 D) -2.26