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Consumers Expect That the Price of a Gallon of Gasoline

Question 391

Multiple Choice

Consumers expect that the price of a gallon of gasoline will rise next week. As a result,


A) todayʹs demand for gasoline increases.
B) next weekʹs supply of gasoline decreases.
C) todayʹs supply of gasoline increases.
D) the price of a gallon of gasoline falls today.

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