Consider the Following Equation $\mathrm{GHG}=\frac{\text { GHG}}{\text {Energy }}\times \frac{\text {Energy }}{\text {GDP }} \times GDP,$

question 12

Multiple Choice

Consider the following equation: $\mathrm{GHG}=\frac{\text { GHG}}{\text {Energy }}\times \frac{\text {Energy }}{\text {GDP }} \times GDP,$
Where GHG = world annual emissions of greenhouse gases Energy = world annual amount of energy consumed GDP = world's annual gross domestic product
The ratio Energy/GDP describes

• A) the amount of energy per unit of GDP required to stabilize greenhouse gas emissions.
• B) the energy efficiency of greenhouse gas emissions.
• C) the number of units of carbon- based energy produced as a fraction of GDP.
• D) the number of units of energy used per dollar of GDP produced.
• E) the amount of energy used per unit of output in the energy- intensive sector of the economy.

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Definitions:

Deposits

Funds placed into an account at a banking institution, typically earning interest over time.

Compounds Interest

Refers to the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest.

Future Value

The value of an investment at a specified date in the future, taking into account factors like interest rates and compounding.

Compounded Monthly

Refers to the process of calculating interest on both the initial principal and accrued interest from previous periods on a monthly basis.