As the key component in gasoline production, a decline in the price of crude oil would cause
A. the demand for gasoline will decrease.
B. the demand for gasoline will increase.
C. the supply of gasoline will increase, and its price will fall.
D. the supply of gasoline will decrease, and its price will rise.
C. the supply of gasoline will increase, and its price will fall.
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Input-output analysis was developed by Wassily Leontief
a. True b. False Indicate whether the statement is true or false
The Great Depression provided support for Keynes' view that
a. government action was necessary to ensure interest rates remained at the equilibrium level. b. prolonged periods of unemployment would be present when demand is deficient. c. falling resource prices would bring the economy out of a recession. d. lower interest rates would quickly restore the full employment equilibrium of an economy.
Both external and internal factors affect the operation of a multinational enterprise (MNE). External factors are outside the immediate control of the firm while internal factors are within the control of the firm. Give examples for both and discuss how they would affect the operations of the MNE.
What will be an ideal response?
C + net I + G + X equals
A. GDP. B. PI. C. DPI. D. NDP.