In 1999, oil producers in the Middle East nearly tripled the price of crude oil. You might think that this would be bad for U. S. Oil companies that purchase crude oil and refine it into gasoline. However, gasoline producers saw their revenues and profits increase. Many reporters and politicians asserted that this was evidence that US oil companies had monopoly control of the U. S. gas market. Are they right?

When the price of gas rises, it impacts how people travel, how goods are shipped, and how people formulate their budgets. When home heating prices climb, people have to decide whether or not they can afford to turn up their thermostats. When various goods have become more expensive because their components also cost more, people have to make difficult choices on what to buy.

Explanation:

you can put this in your 11 sentence summary

" most of the money would be invested in innovation, economic convergence."

credit history is used by lenders to determine whether you are a 'risky' person to give their money to.

having a short history provide very little data for the lenders. they wouldn't be able to determine your credit behavior from such a small samples. even if they are perfect.

having long credit history with few blemishes provide larger and more accurate data for the lenders to predict your credit behavior.