In Order to Dispose of Nuclear Waste Created by Power

question 42

Multiple Choice

In order to dispose of nuclear waste created by power plants around the country, the government buys land in Glowing Gulch, Idaho.Citizens of that town organize to block construction of the nuclear waste facility.Which of the following statements is false?

• A)The benefits of the nuclear waste facility are widespread.
• B)The costs of the nuclear waste facility are concentrated.
• C)The citizens of Glowing Gulch are a special-interest group.
• D)Consumers of the power generated at the nuclear plants are not likely to organize to support construction of the nuclear waste facility.
• E)The citizens of Glowing Gulch are equally concerned about all public issues.

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Definitions:

Journalize

The process of recording business transactions in the journal as part of the accounting cycle.

Transactions

Financial events that result in changes to the financial position of a company, such as sales, purchases, and payments.

Equipment

Long-term assets that are used in the production of goods and services; these are tangible in nature.

Accounts Receivable

Obligations of customers to pay a company for goods or services that have been dispensed but remain unpaid.