A 10 Percent Increase in Gasoline Prices Reduces Gasoline Consumption

question 182

Multiple Choice

A 10 percent increase in gasoline prices reduces gasoline consumption by about

• A)6 percent after one year and 2.5 percent after five years.
• B)2.5 percent after one year and 6 percent after five years.
• C)10 percent after one year and 20 percent after five years.
• D)0 percent after one year and 1 percent after five years.

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Acting to take selfish or unfair advantage of a situation or person, often for personal gain.

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A synthetic drug known for its psychoactive properties, often used recreationally for its euphoric effects.

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A medical condition involving a persistent and often painful erection of the penis that lasts for hours and is unrelated to sexual arousal.