All else equal, when oil prices decrease, some economical sources of oil tend to become less economical, and this will ________ proven reserves of oil and ________ the number of years it will take to deplete the stock of oil

A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease

D

Economics

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What is the equation of exchange? How can the equation of exchange be converted into the quantity theory of money?

What will be an ideal response?

Economics

A major source of revenues for state and local governments is _____

a. income taxes b. payroll taxes c. intergovernmental revenues d. estate taxation

Economics