If there is freeway congestion at 8 a.m., we can reduce (or eliminate) the congestion by
A) building more freeways.
B) raising the price to drive on the freeway at 8 a.m.
C) encouraging workers to carpool..
D) a and b
E) a, b, and c
E
Economics
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The output of goods and services produced in the United States has grown on average 3 percent per year since 1965
a. True b. False Indicate whether the statement is true or false
Economics
If the price of gasoline increases significantly, then we'd expect the demand curve for large trucks and SUVs to
A. become upward-sloping. B. shift to the left. C. not shift, but there will be a movement along that demand curve. D. shift to the right.
Economics