Recall the Application about falling oil prices and their effect on the U.S. economy to answer the following question(s).
-According to this Application, lower oil prices will ________ the prices of gasoline and heating oil which will ________ the amount of money that consumers have to spend.
A) increase; decrease
B) increase; increase
C) decrease; decrease
D) decrease; increase

Question

Quizplus · Accepted Answer

Lower oil prices will decrease the prices of gasoline and heating oil. This decrease in prices will increase the amount of money that consumers have to spend.

Recall the Application About Falling Oil Prices and Their Effect