The War in Iraq Comes to an End

question 12

Multiple Choice

The war in Iraq comes to an end.Iran and Afghanistan lay pipes to generate more oil.The United States and Venezuela enter into an era of friendship.Which of the following correctly captures the effect of this change on the market for gasoline?

• A)Both equilibrium quantity and price will increase.
• B)Both equilibrium quantity and price will decrease.
• C)Equilibrium quantity will increase,but equilibrium price will decrease.
• D)Equilibrium quantity will decrease,but equilibrium price will increase.

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Definitions:

Clusters

Groups of objects or individuals that are close to each other or share common characteristics, forming a distinct segment apart from others.

Schizophrenic Patients

Individuals diagnosed with schizophrenia, a mental disorder characterized by distorted thinking, perceptions, emotions, language, sense of self, and behavior.

Ventricles

Hollow chambers within the brain that produce and store cerebrospinal fluid, which cushions and protects the brain and spinal cord.

Adrenal Gland

A small gland located on top of the kidney that produces various hormones, including adrenaline and cortisol, which help control stress responses, metabolism, and immune system.