The Primary Energy Source That Is Most Used in the United

question 42

Multiple Choice

The primary energy source that is most used in the United States for production of electricity is ___________

• A)renewable energy
• B)natural gas
• C)coal
• D)nuclear power
• E)water power

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Definitions:

Price Level

An index that measures the average relative level of prices of goods and services in an economy over a period of time.

Inflation

The speed at which the overall price level for goods and services increases, thereby diminishing the buying power.

Shoeleather Costs

The resources wasted when inflation encourages people to reduce their money holdings.

Money Holdings

The amount of cash or liquid assets that a person or entity possesses at any given time.