The market risk related to increasing gas prices

– When gas costs rise, the economy suffers, affecting everything from consumer spending to airline ticket prices to employment practices. Gas is a significant transportation input that affects not only families as people drive, but also corporations that rely on global logistics and transportation chains. Higher gasoline prices can stifle discretionary expenditure, which can have ramifications across the economy. High petrol prices have the unintended consequence of reducing consumer discretionary spending as they spend a greater proportion of their income on gasoline. With higher pricing, shoppers will be less likely to drive to areas like the mall or shopping complexes. Academic and industrial research back this up, demonstrating that driving miles are directly related to gas prices.Hello , the above-underlined text is the approved title and description of my paper from my instructor (Subject course: GRADUATE RESEARCH METHODS) and I have to write a research proposal.. all the instructions are in attached PDF.

The market risk related to increasing gas prices.

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