An increase in the price of crude oil, a basic input into the production of gasoline, is likely to
A. put downward pressure on the price of gasoline.
B. put upward pressure on the price of gasoline.
C. decrease the demand for gasoline.
D. increase the quantity of gasoline demanded.
B. put upward pressure on the price of gasoline.
Economics
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According to agency theory, a financial crisis results from ________ that disrupts the flow of funds from lender-savers to borrower-spenders
A) an increase in asymmetric information B) a macroeconomic shock C) the existence of asymmetric information D) a decrease in saving
Economics
If there were no usury law the interest rate would be ________%.
A. 6
B. 12
C. 18
D. 24
Economics