1. Fundamentals of Macroeconomics
With the recent drop in crude oil prices, from $100 to below $50 dollar per barrel, oil production and drilling companies in the US have begun issuing layoffs. ... Not only do local residents and workers have less to spend, but many of the workers leave town for other jobs in other cities (Oil Boomtown: We Could See 20,000 Layoffs by June, 2015). ...
- Word Count: 732
- Approx Pages: 3
- Has Bibliography
- Grade Level: High School