In Figure 11.3, the change in investment spending is represented as the distance between points

A few years ago, as oil and gas prices continued to increase, a growing number of Americans called for the United States to become less reliant on Middle-Eastern oil

Would it make sense for the United States to try to become totally self-reliant in the production of oil? Why or why not?

The more time gasoline consumers have to adjust to a price change,

A) the lower their price elasticity of demand. B) the greater their price elasticity of demand. C) the less sensitive they will be to the price change. D) the less time they will have to seek out substitutes for gasoline.