All else equal, when oil prices increase, people are ________ to look for oil substitutes. This will ________ the number of years it will take to deplete the stock of oil.
A) discouraged; increase
B) discouraged; decrease
C) encouraged; increase
D) encouraged; decrease
Correct Answer:
Verified
Q10: All else equal, when oil prices decrease,
Q11: All else equal, as the price of
Q12: All else equal, as the price of
Q13: All else equal, when oil prices increase,
Q14: All else equal, when oil prices decrease,
Q16: All else equal, when oil prices decrease,
Q17: All of the following will tend to
Q18: Which of the following will tend to
Q19: Which of the following will tend to
Q20: In 1973, mainstream sources predicted that the
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