Friday, July 30, 2010

What do high oil prices lead to ?

And where can I find the data, info, etc. I really need to know where i can watch the sundance short film from this year on it but i understand its hard to find.


Thanks so much!What do high oil prices lead to ?
higher oil prices ---%26gt; higher transportation costs ---%26gt; higher production costs ---%26gt; lower supply ---%26gt; higher OVERALL prices ---%26gt; lower quantity demanded ---%26gt; lower OVERALL consumption ---%26gt; lower GDP ---%26gt; no economic growth





a basic model to show you ^^What do high oil prices lead to ?
bad economy. lolz me only a lvl 1 and got 50 points

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