Yellen: Decline in Oil Likely to Be Net Positive for U.S.
Interactive Video
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Business, Architecture
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University
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Hard
Wayground Content
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the most significant global developments mentioned in the video?
Increase in global oil production
Rise in renewable energy usage
Growth in electric vehicle sales
Decline in oil prices
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the decline in oil prices affect US households?
Increases their energy bills
Reduces their spending power
Puts more money in their pockets
Leads to higher taxes
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the analogy used to describe the effect of lower oil prices on US households?
A loan repayment
A tax cut
A tax increase
A salary bonus
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Despite increased oil production, what is the US's status in the oil market?
Net importer of oil
Self-sufficient in oil
Dependent on renewable energy
Net exporter of oil
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What potential offset might occur due to the decline in oil prices?
Increased drilling activity
Expansion of CapEx plans
Reduced drilling activity
Higher oil import tariffs
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