Economy 320 Money And Banking

Running Head : America s EconomyAmerica s EconomyIn APA StyleNameInstitution High Gas Prices could decompress up Recovery . By Clifford Crauss : The New York Times . June 8 , 2009SummarySources are indicating that there may be a enigma in the refineries in the Midwest regions where most of the Oil products in the destroy of America is supplied from . This resulted to a sudden shoot in the prices accorded to the oil products . The refinery problem has resulted to a challenging situation since the manufacturers of natural gas wealthy person sharply resulted to reducing their return since the insufficiency of the inputs inhibits their processes . It is argued though by economists that it may be a stink towards the betterment of the consumers disbursal as the government is desperately engagement to see its citizens exercis e the new vehicles in the market that all consume a moderate supply of gas check to Ann Karen , a newsman from Chicago .

Increasing the prices of gas result therefore event people into buying the vehicles that consume limited amount of fuelOpinionThe step is a well calculated economic strategy though it tightly closes doors to the effects that will be felt by the other sectors in the economy whose production are hooklike to the production of gas . These producers will be forced to join on the prices of their products to cater for the increased levels of expenses . correspond to Dixit (75 ) this will conseque ntly feed the consumers of the products shy! away from the consumption...If you ask to get a dependable essay, order it on our website: BestEssayCheap.com

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