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Gas Price Trends and Reactions

Gas Price Trends and Reactions

Assessment

Interactive Video

Business

9th - 10th Grade

Practice Problem

Hard

Created by

Olivia Brooks

FREE Resource

The video discusses fluctuations in gas prices, starting with a rise that impacts personal finances, followed by a significant drop due to lower oil prices. It highlights the benefits of reduced gas prices, including potential savings for consumers.

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6 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the increase in gas prices over the past two weeks mentioned in the video?

10 cents

20 cents

15 cents

5 cents

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial gas price mentioned before the decline?

$3.99

$3.89

$3.79

$4.09

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the lowest gas price mentioned during the decline?

$2.99

$2.68

$2.50

$2.41

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated savings for US drivers if gas prices remain low?

$450

$600

$500

$550

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did the narrator spend to fill up their tank when gas prices were low?

$34

$38

$30

$40

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the narrator's reaction to the gas price of $1.93?

They were indifferent

They thought it was too cheap

They refused to pay it

They were happy to pay it

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