An Increase in the Demand for Gasoline Today Caused by Concerns

question 4

Multiple Choice

An increase in the demand for gasoline today caused by concerns that gasoline prices will be higher tomorrow is most likely attributable to which demand shifter?

• A) income
• B) consumer expectations
• C) consumer preferences
• D) prices of other goods

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Definitions:

ECG Machine

An electrocardiogram machine, a medical device used to record the electrical activity of the heart to detect cardiac abnormalities.

Amplifier

A device on an electrocardiograph that enlarges the ECG impulses.

Electrical Impulses

Quick bursts of electrical activity that carry messages within the body, especially within the nervous system.

ECG Machine

A diagnostic tool that records the electrical activity of the heart over a period of time, used to detect heart diseases and monitor heart health.