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Essay

What's The Answer for High Gasoline Prices?

Essay specific features

 

Issue:

Social Issues

 

Written by:

James L

 

Date added:

February 22, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 806

 

Was viewed:

5273 times

 

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Essay content:

No matter how well intentioned, intervention to protect consumers will only make matters worse. First, some perspective. Gasoline prices seem relatively high today largely because we still have rather fresh memories of 1998 -- the year in which records were set for the lowest inflation-adjusted fuel prices in American history...
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However, once we adjust for the changing value of the U.S. dollar, gasoline prices are not particularly high at all if compared to the historic record. While it's true that prices at the pump are significantly higher now than they were last year, higher fuel prices have only set back households by an average of $25 a month in 2004...
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General issues of this essay:
Gasoline Prices Economic Theory Suggests that Markets are Efficient and Security Prices are Determined on the Basis of Fundamental Value Evaluate the costs and benefits to modern business from engaging in foreign direct investment. Gasoline Prices Rrl On Psychological Reactance And Gasoline Prices Ups Facing Increasing Fuel Costs Fuel Efficient cars Gasoline Prices Rising Costs of Fuel Fuel Replacement For Cars fuel efficient car Fuel Efficient Cars What's The Answer for High Gasoline Prices? Why Are Gasoline Prices Going Up So High? FUEL CELL CARS
 

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