What the press said was negative


Problem

When the price of a barrel of petroleum increased greatly in 2008, every news article about rising oil prices had a negative slant. When the price of petroleum dropped by more than 50 percent later in the year, the press said little, and much of what the press said was negative. Those negative comments focused on fears that there would not be enough new exploration for oil in the future. Is it really possible for a rise in the price of a good to be "bad" and also for a drop in the price of that same good to be "bad"?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: What the press said was negative
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