The Amount of Electricity Used in a Typical All-Electric Home

question 57

Multiple Choice

The amount of electricity used in a typical all-electric home is shown in the circle graph. If, in a certain month, a home used 2,000 kwh (kilowatt-hours) , find the amounts of electricity used by the water heater from the graph. ​ ​

• A) 2,200 kwh
• B) 22,000 kwh
• C) 220 kwh
• D) 1,818 kwh
• E) 182 kwh

Analyze the effects of changes in interest rates on the supply and demand for loanable funds.

Identify the factors influencing private and public saving within the closed and open economy models.

Explain the relationship between government budget deficits/surpluses and their impact on national saving and the loanable funds market.

Understand how investment decisions are influenced by changes in interest rates.

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