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Falling Oil Prices Create Winners and Losers

Scott Wolla

Page One Economics Newsletter, 2015, 1-4

Abstract: Oil prices affect the U.S. economy in many ways. For example, fluctuations in the price of oil can influence inflation, unemployment, and disposable income. Some local economies with close ties to the oil industry, however, are affected even more directly in both positive and negative ways. This essay covers one recent example of the local impact of oil prices.

Date: 2015
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