You read a study that predicts that rising oil prices projected for this summer are certain to fuel inflation. Having taken an economics class, due to this expected change in prices, you predict that spending today will _ and aggregate demand today will _.

It was predicted that oil prices are going to rise in the future (summers). So, there is a fuel inflation. Now, people want to increase their spending and there is an increase in the aggregate demand for the oil today. This is because of the higher prices of oil in the near future, so there may be a possibility that people won't be able to afford oil at those prices and hence they wants to buy more quantity today.

You read a study that predicts that rising oil prices projected for this summer are certain to fuel inflation. Having taken an economics class, due to this expected change in prices, you predict that spending today will _________ and aggregate demand today will _________.

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You read a study that predicts that rising oil prices projected for this summer are certain to fuel inflation. Having taken an economics class, due to this expected change in prices, you predict that spending today will _ and aggregate demand today will _.