Author Question: All else equal, when oil prices increase, people are ________ to look for oil substitutes. This will ... (Read 190 times)

MirandaLo · **on:** Jun 29, 2018

All else equal, when oil prices increase, people are ________ to look for oil substitutes. This will ________ the number of years it will take to deplete the stock of oil.

A) discouraged; increase
B) discouraged; decrease
C) encouraged; increase
D) encouraged; decrease

Question 2

A(n) ________ in the supply of loanable funds ________ the real interest rate and ________ investment.

A) increase; raises; decreases
B) decrease; raises; increases
C) increase; raises; increases
D) decrease; raises; decreases
E) decrease; lowers; decreases