Use the Following to Answer Questions

question 75

Multiple Choice

Use the following to answer questions:
Figure: Demand and Supply of Gasoline
-(Figure: Demand and Supply of Gasoline) Look at the figure Demand and Supply of Gasoline. What might cause the supply curve to shift from S₂ back to the initial supply curve S₁?

• A)The Organization of Petroleum Exporting Countries (OPE
• C) restricts the production of crude oil.
• B)OPEC increases the production of crude oil.
• C)U.S. citizens want to buy more gas.
• D)Technology in the refinement of gasoline greatly improves.

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Definitions:

Reconstruction Plan

Policies and programs implemented after the U.S. Civil War aimed at rebuilding the South and reintegrating Southern states into the Union.

Pre-Civil War Elite

The social, political, and economic upper class in American society before the outbreak of the Civil War, often associated with slave ownership and large plantations.

Tenure Of Office Act

1867 law that required the president to obtain Senate approval to remove any official whose appointment had also required Senate approval; President Andrew Johnson’s violation of the law by firing Secretary of War Edwin Stanton led to Johnson’s impeachment.