Author Question: A permanent change to a much higher price of gasoline would lead us to expect fewer gas guzzlers on ... (Read 54 times)

MGLQZ · **on:** Jun 30, 2018

A permanent change to a much higher price of gasoline would lead us to expect fewer gas guzzlers on the road, ceteris paribus.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Changes in inventories are included in which category under the expenditure approach to GDP accounting?
a. consumption
b. government purchases
c. investment
d. net exports