If the Price of Gasoline Decreases but Not as Much

question 28

Multiple Choice

If the price of gasoline decreases but not as much as the decrease in the average price of other goods and services, then the relative price of gasoline

• A)cannot be determined.
• B)decreases.
• C)remains the same.
• D)increases.
• E)increases or decreases, depending on the price of automobiles.

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