Which factor caused higher oil prices to directly lead to inflation?

It increased demand for cars, leading to higher automobile prices.

Companies passed on production and transportation costs to consumers.

The government began to print more money.

Gas prices declined too quickly, leading to oversupply

Question

25 November, 05:42

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Answers (2)

Know the Answer?

Micaela Dudley · Answer 1

B on Edge 2020

Kenny Dalton · Answer 2

Answer: B, Companies passed on production and transportation costs to consumers

Which factor caused higher oil prices to directly lead to inflation?It increased demand for cars, leading to higher automobile prices.Companies passed on production and transportation costs to consumers.The government began to print more money.Gas prices declined too quickly, leading to oversupply