A Decrease in the Price of Gasoline Will

question 120

Multiple Choice

A decrease in the price of gasoline will:

• A)cause the demand curve for gas powered cars to become vertical.
• B)shift the demand curve for gas powered cars to the right.
• C)shift the demand curve for gas powered cars to the left.
• D)not affect the demand for gas powered cars.

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Definitions:

Franklin D. Roosevelt

The 32nd President of the United States, serving from 1933 to 1945, known for his leadership during the Great Depression and World War II.

G.I. Bill

Legislation passed in 1944 providing various benefits to returning World War II veterans, including low-cost mortgages, low-interest loans to start a business, cash payments for tuition and living expenses to attend college, high school, or vocational education.

Returning Soldiers

Military personnel who come back to their homeland after having served in a conflict or war, often facing challenges such as reintegration into civilian life and dealing with the physical or psychological impacts of their service.

International Role

The function or position that a country plays in the international community, involving diplomacy, trade, aid, and other global interactions.