One of the Main Motivations for Using Corn-Based Ethanol in the United

question 10

Multiple Choice

One of the main motivations for using corn-based ethanol in the United States is_________ .

• A)that by doing so,we reduce our reliance on imported oil
• B)that we have excess crops available for fuel production
• C)that all new vehicles can use both ethanol and gasoline as fuel
• D)the generation of biodiesel as a by-product of ethanol production

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Definitions:

Consumption

The process by which individuals or households use goods and services to fulfill their needs and wants.

Income

Money that an individual or business receives, typically as a return on investment, labor, or sale of goods and services.

Interest Rate

The fraction of a loan incurred as interest by the borrower, often represented as an annual percentage of the remaining loan balance.

Savings

The portion of income not spent on current consumption, typically set aside for future use or investment.