The conversation between human and AI assistant.
How have changing oil prices impacted US and global economic prospects?
That's true. How do you think the recent drop in oil prices will affect the economy?
The recent drop in oil prices has both positive and negative effects on the economy. On the positive side, it reduces the cost of production and boosts consumer spending. However, on the negative side, it can also lead to job losses and a reduction in investment in the energy sector.