In 2012, the primary sources of U.S. electricity generation, in order from largest to smallest, were:

A. coal, natural gas, nuclear, and hydropower.
B. coal, hydropower, nuclear, and renewables (wind and solar).
C. natural gas, coal, hydropower, and petroleum.
D. hydropower, nuclear, coal, and petroleum.


Answer: A

Economics

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The productivity curve is a relationship between

A) real GDP per hour of labor and capital per hour of labor, with technology held constant. B) capital per hour of labor and technological growth. C) nominal GDP per hour of labor and capital per hour of labor, with technology held constant. D) real GDP per unit of capital and capital per hour of labor, with technology held constant. E) real GDP per hour of labor and capital per hour of labor whenever technological growth occurs.

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If the demand and supply curves for a commodity shift to the right by the same amount, then in comparison to the initial equilibrium, the new equilibrium will be characterized by:

A) a higher quantity and price. B) a lower quantity and a higher price. C) the same quantity and a lower price. D) a higher quantity and the same price.

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A statement of opinion about which policy is best for America is

a. an abstraction b. a positive statement c. a normative statement d. a philosophical conundrum e. empirically verifiable

Economics

The position of the long-run aggregate supply curve corresponds to the economy's: 

A. full-employment real GDP. B. maximum possible level of employment. C.  natural level of personal consumption expenditure. D. maximum possible level of personal consumption expenditures.

Economics