VOICED: High fuel prices worry struggling Americans

VOICED: High fuel prices worry struggling Americans

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

Gas prices in Chicago have reached record highs, impacting commuters like Warren Williams, who now spends significantly more on fuel. Nationally, oil price spikes due to Middle East unrest have doubled the percentage of family income spent on vehicle fuel since 2009. Businesses, such as pizza delivery services, face increased costs but are hesitant to raise prices for customers. However, analysts predict a steady drop in gas prices by December.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much more per gallon are drivers in Chicago paying compared to a year ago?

Exactly the same

Over a dollar more

50 cents more

75 cents more

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of the average US family income is now spent on vehicle fuel?

10.2%

8.9%

6.7%

4.5%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For how many consecutive days have gas prices been rising nationally?

30 days

50 days

41 days

60 days

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main reasons for the recent spike in oil prices?

Technological advancements

Increased demand in Europe

Middle East unrest

Natural disasters

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How are businesses like pizza delivery services coping with increased fuel costs?

Raising prices for customers

Reducing the quality of ingredients

Absorbing the costs and making cuts elsewhere

Expanding their delivery areas