Sunday, November 29, 2015
Lower Gas Prices: The Good, the Bad, and the Excess
The Good: Lower Gas Prices Yield Uneven Benefits
1. Lower gas prices are changing consumer behavior. What are two major ways consumers are using the money saved on lower gasoline prices?
2. Looking at the "Gas Tanked" graphic, which seems to have benefited the most?
3. What major industry has suffered major losses?
The Bad: Less Interest in Fuel Economy
1. What economic principal is illustrated in this article about lower gas prices and fuel economy?
2. What information about Google searches illustrates this point? Explain.
3. What has happened to the purchase of fuel efficient cars in the last year?
4. What has happened to the purchase of less fuel efficient full-sized pickups and sport utility
vehicles in the last year?
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