Average U.S. Gas Price Rises 22% In Two Weeks To Record $4.43

Average U.S. Gas Price Rises 22% In Two Weeks To Record $4.43

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of rising prices on everyday expenses, highlighting the increase in gas, food, and housing costs while wages remain stagnant. Marc Scribner suggests strategies like Costco memberships and carpooling to mitigate gas prices. The discussion extends to inflation's broader impact, with predictions of interest rate hikes by the Fed to combat inflation. The video also covers how these economic changes affect retirement accounts and investments, advising caution and long-term planning.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact do rising interest rates have on individuals with credit card debt?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What advice does Marc Scribner give regarding retirement accounts during inflation?

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