An Increase in the Price of Gasoline Will

question 78

Multiple Choice

An increase in the price of gasoline will

• A)Shift the gasoline supply curve to the right.
• B)Shift the gasoline demand curve to the right.
• C)Shift the automobile supply curve to the left.
• D)Shift the automobile demand curve to the left.

---

Definitions:

Direct SBA Loans

Loans provided directly by the Small Business Administration to small businesses that meet certain qualifications.

Natural Disaster

A sudden and devastating event in nature, such as a hurricane, flood, or earthquake, that causes significant damage or loss.

Energy Conservation

The practice of reducing the use of energy through more efficient systems, processes, or behaviors to preserve resources.

Small Businesses

Enterprises or firms that maintain a small number of employees, have comparatively lower volume of sales, and are usually independently owned and operated.