e as you proceed through the test.

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Question $19$

More people get COVID$-19$ vaccine. As a result, the pandemic subsides and an economic expansion leads to an increase in consumer income. At the same time, technological improvements in the oil industry lower the market price of oil. Predict how these two events will affect the price of gasoline, given that the increase in consumer income has a larger impact on it than the fall in the price of oil.

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a The price of gasoline will rise.

b The price of gasoline will fall.

The price of gasoline will not be affected.

d The price of gasoline may rise, fall, or remain the same

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