Figure 4-22 -Because of Falling Oil Prices in the Past, Libya Could

Multiple Choice

Figure 4-22

-Because of falling oil prices in the past, Libya could afford fewer imported goods.Government controls were established to limit imports of cigarettes.In 1985, the market price of Marlboros rose to $70 a carton.Which graph in Figure 4-22 best depicts this situation?

A) 1 
B) 2 
C) 3 
D) 4