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10. During the 1970s, OPEC's output restrictions caused gasoline prices to increase sharply Coincidentally, demand for gas-guzzling cars fell. A likely explanation for these observations is that gasoline and cars had a(n) elasticity of demand that was ECON 201- 3 cross; negative cross; positive income; negative income. positive price: negative 1 1. Suppose an economist tells you that the unemployment rate in Canada last year was 7.8%. This is an example of a(n) statement. A) autonomous B) positive normative induced imputed