Which factor caused higher oil prices to directly lead to inflation?

It increased demand for cars, leading to higher automobile prices.

Companies passed on production and transportation costs to consumers.

The government began to print more money.

Gas prices declined too quickly, leading to oversupply

Question

Aimee Joseph

13 September, 08:40

+1

Answers (2)

Know the Answer?

Jasmin Hayden · Answer 1

Answer: B, Companies passed on production and transportation costs to consumers

Kiera Huynh · Answer 2

B on Edge 2020

Which factor caused higher oil prices to directly lead to inflation?It increased demand for cars, leading to higher automobile prices.Companies passed on production and transportation costs to consumers.The government began to print more money.Gas prices declined too quickly, leading to oversupply