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label Economics
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When looking at Aggregate Supply (AS), it the oil company the only one who is affected by the drop in oil prices? Any other business impacted?

Oct 3rd, 2015

Thank you for the opportunity to help you with your question!

the drop of oil prices does affect the entire economy . the impacts are as follows

 discourages investments and discovery  in the oil sector

minimises production cost in the manufacturing industries

enhances consumer spending income and savings .

Please let me know if you need any clarification. I'm always happy to answer your questions.
Sep 18th, 2015

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Oct 3rd, 2015
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Oct 3rd, 2015
Sep 22nd, 2017
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