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Essay

The Impact Of Rising Oil Prices On The South African Economy In Relation To The Demand And Supply Of New Motor Vehicles

Essay specific features

 

Issue:

Business

 

Written by:

Elsie S

 

Date added:

August 11, 2015

 

Level:

University

 

Grade:

B

 

No of pages / words:

5 / 1151

 

Was viewed:

9374 times

 

Rating of current essay:

 
Essay content:

This study looks at the rising oil prices and their impact on the South African economy within the framework of supply and demand, looking at the impact rising oil prices has had on demand and supply for vehicles as well as the impact on South African GDP growth. Cognisance must be taken of the fact that this slowdown in car sales is not only related to high fuels prices but is also as a result of successive increases in domestic interest rates, the introduction of the National Credit Act, high debt levels among consumers, and high levels of debt-servicing costs...
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Cognisance must be taken of the fact that this slowdown in car sales is not only related to high fuels prices but is also as a result of successive increases in domestic interest rates, the introduction of the National Credit Act, high debt levels among consumers, and high levels of debt-servicing costs...
displayed 300 characters

General issues of this essay:
Demand Analysis: Price Elasticty Forecasting Oil Price and Demand Price Elasticity of Demand Price Elasticity of Demand Price Elasticity of Demand Price elasticity of demand Products, Services, and Prices in the Free Market Economy: Price Elasticity of Demand Supply, Demand, and Price Supply, Demand, and Price supply, demand, and price change The Impact Of Rising Oil Prices On The South African Economy In Relation To The Demand And Supply Of New Motor Vehicles Verizon Wireless - Price of Demand Supply Demand Price Supply, Demand and Price Rising Rice Price
 

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