I What impact did the substantially higher gasoline prices of the 1970s have on (a) the demand

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I What impact did the substantially higher gasoline prices of the 1970s have on

(a) the demand for big cars,

(b) the demand for small cars,

(c) the incentive to experiment and develop electric and other non-gas-powered cars, (

d) the demand for gasoline (Be careful), and

(e) the demand for Florida vacations?

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Essentials Of Economics

ISBN: 396414

2nd Edition

Authors: James D Gwartney; Richard Stroup; J R Clark

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