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People Come to Expect That the Price of a Gallon

Question 214

Multiple Choice

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


A) today's supply of gasoline increases.
B) today's demand for gasoline increases.
C) the price of a gallon of gasoline falls today.
D) next week's supply of gasoline decreases.
E) today's demand for gasoline and today's supply of gasoline do not change.

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