QUESTION: 397

If there is an oil-supply disruption resulting in higher international oil prices, domestic oil prices in open-market countries such as the United States will rise as well, whether such countries import all or none of their oil.
If the statement above concerning oil-supply disruptions is true, which of the following policies in an open- market nation is most likely to reduce the long-term economic impact on that nation of sharp and unexpected increases in international oil prices?

Maintaining the quantity of oil imported at constant yearly levels
Increasing the number of oil tankers in its fleet
Suspending diplomatic relations with major oil-producing nations
Decreasing oil consumption through conservation
Decreasing domestic production of oil

Answer(s): D

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QUESTION: 398

Domestic producers of oil in open-market countries are excluded from the international oil market when there is a disruption in the international oil supply.
International oil-supply disruptions have little, if any, effect on the price of domestic oil as long as an open- market country has domestic supplies capable of meeting domestic demand.
The oil market in an open-market country is actually part of the international oil market, even if most of that country’s domestic oil is usually sold to consumers within its borders.
Open-market countries that export little or none of their oil can maintain stable domestic oil prices even when international oil prices rise sharply.
If international oil prices rise, domestic distributors of oil in open-market countries will begin to import more oil than they export.

Answer(s): C

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QUESTION: 399

The average normal infant born in the United States weighs between twelve and fourteen pounds at the age of three months. Therefore, if a three-month-old child weighs only ten pounds, its weight gain has been below the United States average.
Which of the following indicates a flaw in the reasoning above?

Weight is only one measure of normal infant development.
Some three-month-old children weigh as much as seventeen pounds.
It is possible for a normal child to weigh ten pounds at birth.
The phrase “below average” does not necessarily mean insufficient.
Average weight gain is not the same as average weight.

Answer(s): E

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QUESTION: 400

Red blood cells in which the malarial-fever parasite resides are eliminated from a person’s body after 120 days. Because the parasite cannot travel to a new generation of red blood cells, any fever that develops in a person more than 120 days after that person has moved to a malaria-free region is not due to the malarial parasite.
Which of the following, if true, most seriously weakens the conclusion above?

The fever caused by the malarial parasite may resemble the fever caused by flu viruses.
The anopheles mosquito, which is the principal insect carrier of the malarial parasite, has been eradicated in many parts of the world.
Many malarial symptoms other than the fever, which can be suppressed with antimalarial medication, can reappear within 120 days after the medication is discontinued.
In some cases, the parasite that causes malarial fever travels to cells of the spleen, which are less frequently eliminated from a person’s body than are red blood cells.
In any region infested with malaria-carrying mosquitoes, there are individuals who appear to be immune to malaria.

Answer(s): D

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QUESTION: 397

QUESTION: 398

QUESTION: 399

QUESTION: 400