CFA Practice Question

There are 539 practice questions for this study session.

CFA Practice Question

The prices of petroleum products, including gasoline and fuel oil, decline sharply. Which of the following will most likely result from the lower prices of petroleum products?
A. An increase in demand for home insulation products.
B. An increase in demand for products that are heavy users of gasoline.
C. An increase in demand for smaller, more efficient automobiles.
Explanation: A decline in the price of gas will increase the demand for goods used in conjunction with gasoline, such as automobiles.

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