What is one of the main reasons the United States is concerned about oil prices?
Mario Gabelli Explains How to Play the Decline in Oil

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Business, Architecture, Social Studies
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It affects the stock market directly.
The U.S. imports a significant amount of oil.
It impacts the agricultural sector.
It influences the education system.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do lower oil prices benefit consumers according to the discussion?
By increasing the cost of living.
By reducing travel expenses.
By providing a psychological boost.
By increasing taxes.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which sector is mentioned as benefiting from the multiplier effect of lower oil prices?
Technology
Auto parts distributors
Real estate
Healthcare
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential strategy for oil companies during periods of low oil prices?
Engage in mergers and acquisitions
Focus on renewable energy
Reduce workforce
Increase drilling activities
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the American capitalistic system allow during economic downturns in the oil industry?
Government bailouts for all
The strong to become stronger
A decrease in technological advancements
All companies to survive
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