what would happen to the growth of output and the level of prices in the UK if there was a sharp rise in the price of oil
2006-08-16 01:20:54 · 8 answers · asked by Anonymous in Education & Reference ➔ Higher Education (University +)
If? The price of oil has tripled in the past 18 months. The inflationary effects are even now rippling through the economy.
2006-08-16 01:24:41 · answer #1 · answered by Anonymous · 0⤊ 0⤋
There has been a sharp rise in the price of oil already and they have done what they always do........ hike the tax up!
2006-08-16 01:24:54 · answer #2 · answered by Catwhiskers 5 · 0⤊ 0⤋
We go to war with USA and steal from somebody else, then we keep the oil price up high to stitch up the public at large.
O yes and we pretend its to help the environment
Its called stealth tax
2006-08-16 01:26:35 · answer #3 · answered by Bob 4 · 0⤊ 0⤋
we now ought to discover the medium between spending and saving. Plus finding out to purchase community. If we save and not spend human beings circulate broke, if we don't save we are doomed. There are difficult situations forward we ought to think of of absolutely everyone. the upward thrust in gas might have an incredibly undesirable effect on us if we enable it. Time to team up and artwork out a destiny much less oil
2016-12-11 09:44:03 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I can tell you we will pay for any sharp rise in taxes and roof tax
2006-08-16 01:31:29 · answer #5 · answered by pete 3 · 0⤊ 0⤋
obviously prices will go up and companies will relocate India and China
2006-08-19 19:19:42 · answer #6 · answered by Anonymous · 0⤊ 0⤋
yes
it will happen , the price will go up
and you have to get used for that
take care
bye
2006-08-16 01:24:31 · answer #7 · answered by The rocket 4 · 0⤊ 0⤋
it seems like everything has gone up ..but our wages hasn't and they wonder why people don't have that much in savings anymore. makes you wonder doesn't it
2006-08-16 01:27:29 · answer #8 · answered by nas88car300 7 · 0⤊ 0⤋