Gasoline: One of the most important changes to the world economy in the last 5 years has been the fall of the price of crude oil and gasoline. Why did prices fall? What happened to demand? What happened to supply? Has the fall of gas prices had an impact on consumer spending (are people spending the money they save on gas or are they saving it? do a survey of 100 students in the lobby of the SB: are you buying more gas? How much? Draw a demand curve from the data.Your paper should have three main sections: an Introduction where you set up the paper, the Body where you present information that follows up on your Introduction. At the end, a brief Conclusion. Include data, tables, graphs, quotes, and equations that reinforce your analysis.
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