The recent large increase in __________ has caused consumers to adjust their spending in other categories.
A)automobile prices
B)gasoline prices
C)interest rates
D)consumer confidence
E)property values

Question

Quizplus · Accepted Answer

Gasoline prices directly affect the cost of transportation and therefore have a significant impact on consumer spending habits. When gasoline prices increase, consumers tend to spend less on other categories in order to offset the increased cost of fuel.

The Recent Large Increase in __________ Has Caused Consumers to Adjust