In 2013,the Price of Gas Was $3

question 48

Multiple Choice

In 2013,the price of gas was $3.60 per gallon,and in 2016,the price of gas was $2.05 per gallon.Since one would be spending less on gas in 2016 than in 2013,one would have more to spend on other goods and services.All else the same,this is an example of the ________ effect.

• A) wealth
• B) net export
• C) consumption
• D) interest rate
• E) oil price

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Definitions:

Second Great Awakening

A Protestant religious revival in the United States during the early 19th century, characterized by widespread enthusiasm and a focus on personal faith.

Perfectionism

The idea that social ills once considered incurable could in fact be eliminated, popularized by the religious revivalism of the nineteenth century.

Women's Rights Movement

A series of campaigns for reforms on issues such as reproductive rights, domestic violence, maternity leave, equal pay, women's suffrage, and sexual harassment.

Dorothea Dix

A 19th-century American advocate for the mentally ill who spearheaded efforts to create more humane treatment and institutions for those suffering from mental disorders.