4. The discovery of a large new reserve of crude oil will shift the________curve for gasoline, leading

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4. The discovery of a large new reserve of crude oil will shift the________curve for gasoline, leading to a________equilibrium price.

a. supply, higher

b. supply, lower

c. demand, higher

d. demand, lower

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Principles Of Macroeconomics

ISBN: 9780176591977

7th Canadian Edition

Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie

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