Higher Energy Prices

question 30

Multiple Choice

Higher energy prices:

• A) could trigger rising GDP and falling unemployment.
• B) could trigger falling GDP and rising unemployment.
• C) could leave the GDP unaffected.
• D) could trigger higher consumption of energy.

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Definitions:

Financial Results

The outcome of a company's operations and activities in terms of income, expenses, and profit over a specific period.

Sales Forecasting

The process of estimating future sales volumes to make informed business decisions regarding inventory levels, workforce, and financial planning.

Economic Trends

Patterns or movements in economic indicators, such as GDP growth, unemployment rates, or inflation, that indicate the general direction of an economy.

Political and Legal Events

Incidents or changes in the political or legal environment that can impact business operations and outcomes.