Solved

The Market Price of a Gallon of Gasoline Is a

Question 5

Multiple Choice

The market price of a gallon of gasoline is a


A) macroeconomic topic,because the market in gasoline is nationwide.
B) microeconomic topic,because it involves the price of a single good.
C) macroeconomic topic because of the large volume of gasoline bought and sold each day.
D) microeconomic topic,because the price of a gallon of gasoline is less than $10.
E) macroeconomic topic,because the price of gasoline has implications for the whole economy.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents