Answer on Macroeconomics Question for Andrew Rumsey
a. decrease in price, decrease in quantity of trade
b. increase in price, decrease in quantity of trade
c. increase in price, increase in quantity of trade
d. decrease in price, increase in quantity of trade
Because of high utilization of fuel by SUV's their expluatation costs are
expected to grow, so the demand for them is expected to fall, and producers will
probably decrease prices to stop it.
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