An Increase in the Demand for Gasoline Today Caused by Concerns

question 4

Multiple Choice

An increase in the demand for gasoline today caused by concerns that gasoline prices will be higher tomorrow is most likely attributable to which demand shifter?

• A) income
• B) consumer expectations
• C) consumer preferences
• D) prices of other goods

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Definitions:

Kiliani-Fischer Synthesis

A method for elongating the carbon chain of a monosaccharide, thereby facilitating the synthesis of higher carbohydrates.

Tollen's Reagent

A chemical reagent used to differentiate between aldehydes and ketones, famously known for the silver mirror test.

Optically Active

A property of certain compounds that have the ability to rotate the plane of polarized light, often due to the presence of chiral centers.

Ribonucleoside

A nucleoside consisting of a ribose sugar bonded to a nitrogenous base, a fundamental component of RNA.