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Discussion: Demand for cars after rise in price of oil
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gustavoproglhof |
Demand for cars after rise in price of oil
Oct 1 2009, 3:11 AM EDT
http://www.econbrowser.com/archives/2008/06/the_oil_shock_o.htmlThe article talks about the price of oil and its influence in the sales of cars and trucks. It has many demonstrations of how the increase in the price of oil in 2008 affected their complementary good (cars, trucks, etc). Additionally, there is a mention about changes in the income of the population. Do you find this valuable?
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