Which of the following is NOT a determinant of the demand for gasoline?
A. Consumers' incomes.
B. The price of automobiles.
C. The supply of gasoline.
D. The price of diesel.
Answer: C
You might also like to view...
Holding the nominal interest rate constant, a ________ in the expected rate of inflation tends to ________ the real interest rate
A) rise; increase. B) fall, decrease. C) fall; increase. D) rise; improve.
Because Federal Reserve Notes (paper currency) are legal tender
A) U.S. creditors must accept them in payment of debts. B) U.S. workers must accept them as payment for labor services. C) U.S. firms must accept them as payment for goods and services. D) All of he above are correct.
One characteristic of an efficient tax system is that it minimizes the costs associated with revenue collection
a. True b. False Indicate whether the statement is true or false
As a component of aggregate demand, investment refers to the
A) purchase of raw land for later resale B) purchase of stocks and bonds C) purchase of new equipment and additional inventories D) difference between people's income and spending E) dividends paid out to shareholders