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If gas prices increase, what would happen to incomes for households and businesses?
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If gas prices increase, what would happen to incomes for households and businesses?

User Kortina
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18 votes

Answer:

If gas prices continue to increase household incomes people are getting now may not be enough for the family, causing people to ask for extra hours which when giving extra hours once a person is on overtime they legally have to make at least pay and a half per hour, so if someone is making $15 an hour, once they are on overtime they make $22.50 causing businesses to put out more money. Businesses may also not be able to afford the overtime causing the worker to continue struggling with pay and either look for a higher-paying job or get a second job.

User Bamba
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