The Case:

Pakistan is a developing country. It is not oil producing country rather oil

importing country. This sector is very important for the economy of Pakistan. In
other words we can say that development of oil and Gas sector is the key to
boost up not only the economy of Pakistan but also living standards for people of
Pakistan. Petrol and petroleum products are used in every sector of Pakistan
directly or indirectly. For example, petrol and petroleum products are used in
transportation, communication sector, Petro-chemical industries and in electricity
generation.

Requirement:

How an increase in price of petrol will affect the output and level of
unemployment in Pakistan? Explain logically.

Note: Be specific in your answer. Write to the point in your own words. Avoid
irrelevant details.