Answer:
Gasoline expenses will increase in the short term
Explanation:
Price elasticity of demand is a measure of demand sensitivity in the face of price changes. When elasticity is less than 1, we say that demand is inelastic (little sensitive to price changes). In contrast, when elasticity is greater than 1, we say that demand is elastic (price sensitive).
In this case, gasoline has an inelastic demand in the short term. Thus, price increases can occur without decreasing the quantity demanded. As oil has risen, international costs will be passed on to gasoline. Thus, gasoline expenses will be higher, as the price will be higher and the quantity demanded will be maintained.
I think the answer would be A.
Answer: Taxing citizens
Explanation:Fiscal policy relates to decisions that determine whether a government will spend more or less than it receives. ... Under the balanced-budget regime, personal and business tax rates were raised during periods of declining economic activity to ensure that government revenues were not reduced.
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latent content of a dream?