Business, 26.03.2020 20:34 sheilashair

Consider the following statement based on a positive economic analysis that assumes that all other things remain constant: Falling gasoline prices will result in additional vacation travel. Which of the following (initially assumed constant) could occur and thus offset the stated outcome? A. Higher employment. B. An increase in hotel taxes at popular resorts. C. Improved highway safety. D. Lower income taxes.

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Consider the following statement based on a positive economic analysis that assumes that all other t...