Look up the current price of oil in a commodity index. (Ex. stock market). What trends do you see (Look back 1 year, 5 years, and ten years)? Is there a correlation of the crude oil price and the prices at the gas stations in Portland Maine ? Why or why not?

Look up the current price of oil in a commodity index. (Ex. stock market). What trends do you see (Look back 1 year, 5 years, and ten years)? Is there a correlation of the crude oil price and the prices at the gas stations in Portland Maine ? Why or why not?

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter1: Introducing The Economic Way Of Thinking

Section1.A: Applying Graphs To Economics

Problem 2SQ

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