The Current Use of Fossil Fuels Versus the Need to Develop

question 46

Multiple Choice

The current use of fossil fuels versus the need to develop new renewable energy sources is an example of ____________

• A)the Precautionary Principle
• B)an issue that will never be resolved
• C)two different goals that are not in opposition
• D)how short-term needs are in opposition to long-term sustainability
• E)governmental vision competing with economic practicalities

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Definitions:

Eurobonds

International bonds issued in a currency not native to the country where it is issued.

Withholding Tax

Withholding tax is an income tax that an employer deducts and withholds from an employee's salary and pays directly to the government.

After-Tax Return

The profit from an investment after taxes have been deducted, often considered the most accurate measure of an investment's true return.

Cross-Rate

The exchange rate between two currencies derived from their respective rates with a third common currency.