The Last Time Gas Prices Increased Drastically, Sales of Large

question 16

Multiple Choice

The last time gas prices increased drastically, sales of large Sport Utility Vehicles (SUVs) fell. Why?

• A)Higher gas prices lowered the benefit of driving an SUV.
• B)Higher gas prices increased the benefit of driving an SUV.
• C)Higher gas prices increased the cost of driving a SUV.
• D)Higher gas prices lowered the cost of driving a SUV.

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Definitions:

Brand-name Drugs

Medications marketed under a proprietary, trademark-protected name, often more expensive than generic versions.

Rolled Over

Refers to a situation where an investment or loan is extended beyond its original maturity date.

Gain Interest

The process of earning interest on capital, either through investments, savings, or lending activities.

Tax-sheltered Savings

Savings accounts or investment options that offer tax benefits, such as tax deferral or reduced tax rates on earnings.