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Unformatted text preview: The last time demand showed a year-over-year bump up was the week ended April 18, when it rose 3.1%. The report includes all sales, whether they are cash, check or by credit card. In the summer when gas was climbing to reach a peak at $4 per gallon, many drivers left their cars home and relied on public transports. Things have been smoothing down quite quickly as now gas price is just below $2 per gallon. Consequently, consumer demand considerably rises....
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This note was uploaded on 03/10/2011 for the course ECON 101 taught by Professor Duc during the Spring '05 term at Linfield.
- Spring '05