Recently, the price of gasoline dropped to just under $3.50/gallon. Economic analysts currently are focusing on questions concerning the likely impacts of this price decrease on the demand for gasoline. The branch of economics that deals with these questions is
A) Macroeconomics.
B) Positive economics.
C) Microeconomics.
D) Normative economics.
B) Positive economics.
You might also like to view...
Technician A says that two U-joints are used on a driveshaft to prevent vibration. Technician B says that the more equal the U-joint angles, the less chance of driveshaft vibration. Which technician is correct?
A) Technician A only B) Technician B only C) Both technicians D) Neither technician
Ripping a board means to _____
A) cut irregular cuts? B) cut at a diagonal? C) cut with the grain? D) cut against the grain
The overrunning clutch accomplishes which of the following?
A) Brings the starter motor into contact with the ignition circuit B) Separates the starter motor from the starter solenoid C) Protects the starter motor from spinning too rapidly D) Lets the starter motor rotate in either direction
Where is the output of the AIR pump directed when the engine is cold?
A) Air cleaner assembly B) To the atmosphere C) Exhaust manifold D) Catalytic converter