The impact of an increase in oil prices stemming from the growth of demand is probably going to ____ the wages of petroleum engineers.
A)decrease
B)increase
C)leave unaffected
D)be impossible to predict

Question

Quizplus · Accepted Answer

An increase in oil prices would lead to an increase in demand for petroleum engineers, as companies would need more experts to take advantage of higher prices. As a result, wages are likely to increase rather than decrease or remain unchanged. It is not impossible to predict, as it is a logical sequence based on economic principles.

The Impact of an Increase in Oil Prices Stemming from the Growth