-Which of the Following Statements Can Be Inferred from the Information

question 33

Multiple Choice

-Which of the following statements can be inferred from the information in the figure?

• A)In 2009,renewable energy sources accounted for only 2% of the total annual energy use in the United States.
• B)Oil is used mainly in transportation,and coal and natural gas are used mainly in the generation of electricity.
• C)Americans use more oil today than ever before.
• D)Between 2005 and 2009,oil use in the United States declined by over 10%.

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Definitions:

Net Exports

The value of a country's exports minus its imports, which is a component of a country's gross domestic product.

Domestic Investment

Financial contributions toward assets and projects within one's own country, aimed at enhancing economic growth.

Law of One Price

The economic theory that states that in efficient markets, identical goods should have only one price.

Price Ceiling

A legal maximum on the price at which a good can be sold.