Nuclear power in the United States turned out to be
A. a boon to the economy.
B. well worth the time and investment.
C. a hazard-free source of limitless power.
D. far more expensive and troublesome than expected.
Answer: D
You might also like to view...
If a new home can be constructed for $150,000, what is the opportunity cost of federal defense spending, measured in terms of private housing? (Assume a defense budget of $700 billion.)
In the figure above, when the price of a CD is $8.00, total producer surplus from all the CDs will be
A) zero. B) greater than at $10.00 per CD. C) $20 million. D) $10 million.
The real interest rate is
A) the nominal interest rate plus the anticipated inflation rate. B) the nominal interest rate minus the anticipated inflation rate. C) the nominal interest rate plus a COLA. D) the nominal interest rate plus the GDP deflator.
If the absolute value of the price elasticity of demand for a product is 1.5, and the price of a product increased 30 percent, then the quantity demanded will decline by
A) 45 percent. B) 20 percent. C) 5 percent. D) 10 percent.