Which states are mentioned as being most affected by the drop in oil revenue?
How Are U.S. States Impacted by Lower Oil Prices?

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Florida and Georgia
California and Nevada
Alaska and Louisiana
New York and New Jersey
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What strategy is Louisiana using to address its budget shortfall?
Increasing oil production
Raising taxes
Borrowing from other states
Cutting back on spending
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is Alaska addressing its revenue shortfall due to the drop in oil prices?
Dipping into reserve funds
Reducing education funding
Increasing tourism
Raising property taxes
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the first signs of economic distress that analysts are monitoring?
Stock market fluctuations
Interest rate hikes
Unemployment and GDP changes
Inflation rates
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What potential positive outcome is mentioned regarding the drop in oil prices?
Higher consumer spending leading to more sales tax revenue
Improved international trade balance
Growth in the renewable energy sector
Increased foreign investment
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