The key reason hurricanes affect gasoline prices is
A. oil companies have an excuse to raise prices.
B. a significant portion of U.S. refining capacity is located along the Gulf of Mexico.
C. demand for gasoline spikes as people drive to safety.
D. all U.S. gasoline is produced from oil coming out of the Gulf of Mexico.
Answer: B
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Based on the figure above, in which quarter or quarters did a peak occur?
A) between 2012, 2nd quarter to 2013, 2nd quarter and also between 2014, 2nd quarter to the end of the figure B) in 2013, 2nd quarter C) in 2014, 2nd quarter D) between 2013, 2nd quarter to 2014, 2nd quarter E) There are no peaks illustrated in the figure.
All of the following represent returns to savers EXCEPT:
A) dividends on stocks B) fees on loans C) interest on deposits D) coupon payments on bonds
The net national product (NNP) can be obtained from the GDP by: a. subtracting depreciation
b. subtracting net income of foreigners and depreciation. c. including the net income of foreigners. d. subtracting depreciation and indirect business taxes.
An increase in the marginal physical product of capital increases the demand for loanable funds
Indicate whether the statement is true or false