In recent years, per capita energy use in developed countries such as the United States has:
A. Increased
B. Decreased
C. Leveled off
D. Increased and then decreased
C. Leveled off
You might also like to view...
When the Fed purchased a large quantity of long-term bonds, as it did during 2008-2010 with its quantitative easing policies, but most banks held onto their new reserves, the money multiplier ________ while the monetary base ________
A) increased; increased B) increased; decreased C) decreased; increased D) decreased; decreased
If a fair game is played many times the monetary losses or gains will:
a. approach zero. b. be negative. c. be positive. d. result in an outcome that cannot be determined without more information.
Successful advertising by a monopolist will
A. reduce the gap between the monopoly and competitive output. B. increase the gap between the monopoly and competitive output. C. cause the monopolist to overproduce. D. cause the monopolist to decrease output.
If the income elasticity of a good is negative, we can conclude that the good is
a. an inferior good. b. a normal good. c. a luxury good. d. a necessity.