Changing clocks and DST rules has a direct economic cost, entailing extra work to support remote meetings, computer applications and the like. For example, a 2007 North American rule change cost an estimated $500 million to $1 billion, and Utah State University economist William F. Shughart II has estimated the lost opportunity cost at around $1.7 billion USD. Although it has been argued that clock shifts correlate with decreased economic efficiency, and that in 2000 the daylight-saving effect implied an estimated one-day loss of $31 billion on US stock exchanges, the estimated numbers depend on the methodology. The results have been disputed, and the original authors have refuted the points raised by disputers.