Recall the Application About Falling Oil Prices and Their Effect

Multiple Choice

Recall the Application about falling oil prices and their effect on the U.S. economy to answer the following question(s) .
-According to this Application, why did the recent decrease in oil prices have only a modest effect on economic growth?

A) Consumers may have saved the money that resulted from lower gasoline prices.
B) There was less incentive to produce energy and invest in new capital and equipment.
C) Government spending decreased significantly.
D) Both A and B are correct.