Multiple Choice
Because people usually exploit opportunities to make themselves better off,if the price of gasoline rises and stays high for an extended period,we expect people to:
A) increase the number of kilometres they drive.
B) buy larger and less fuel-efficient cars.
C) use more public transportation.
D) ride their bicycles less.
Correct Answer:
Verified
Correct Answer:
Verified
Q47: The incentives built into the market economy
Q70: Which topic is studied in macroeconomics?<br>A)the change
Q76: The economic way of thinking entails:<br>A)the analysis
Q90: As long as individuals know that they
Q109: Which of the following policies is MOST
Q161: Equilibrium exists when:<br>A) output is distributed equitably.<br>B)
Q163: In an attempt to reduce shooting deaths,some
Q166: For which decision would marginal analysis be
Q167: You like to read Vogue and Sports
Q168: Which decision is the BEST example of