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Tuesday, March 12, 2019

Why does the price of gas fluctuate so greatly?

I rec any were in a rec everywherey stage of the business cycle. any the index calculations suggest this. The gross domestic product and CPI indexes have increased everywhere the last course of instruction and few months but unemployment index has remained unchanged over the last few months. The economy has stabilized and there is slow growth. GDP index shows a . 4 percent increase in the tail quarter of 2012 and a 1. 8 percent increase in the primary quarter of 2013. This increase suggests recovery. CPI index shows has increase 1. percent for all of 2012 and shows a steady increase every month in 2013. in that locations also has been a steady increase every year since 2009. This increase also shows recovery. Unemployment index has remained unchanged in June 2013 at 7. 6 percent from May 2013. It has remain constant for the last 5 months at around 7. 6 percent. It has decreased slightly from June 2013 when it was 8. 2 percent. If the unemployment decreases, its achievable that would set us up for an economic boom.Why does the equipment casualty of gasoline fluctuate so greatly? There are many factors that make up price of gas fluctuation war in the Middle eastern United States creating a shortage and production problems creating a shortage. When theres a shortage, prices go up. What allow for happen as more(prenominal) and more mint in China and India decide to buy automobiles? As more and more people in China and India buy automobiles, the demand for gas impart increase.The increased demand for gas will overcome the supply and will cause a shortage. The shortage of gas will increase the price of gas. What would happen if nearly US consumers decided to drive electric cars? If most US consumers decided to drive electric cars the demand of gas would importantly decrease. The US is ranked the number 1 consumer of petroleum. If the demand of gas significantly decreased in the US, the supply of gas would most likely exceed the demand and make lower gas prices.

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