It Can Be Argued That the United States Should Enact

question 49

Multiple Choice

It can be argued that the United States should enact laws slowing global climate change because _______________

• A)U)S. industry supports the legislation
• B)the United States is a major source of the problem
• C)global climate change effects are most significant in the United States
• D)no other nations have initiated efforts to slow global climate change
• E)the United States is the most populous nation on Earth

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Definitions:

Wages And Prices

The relationship and dynamics between the compensation paid to labor and the cost of goods and services in an economy.

Full Employment

A situation in an economy where all available labor resources are being used in the most efficient way possible, typically reflected by the absence of cyclical unemployment.

Keynes

Relates to John Maynard Keynes, a UK-based economist whose notions significantly altered macroeconomics theory and the financial policies of governments.

Aggregate Supply

The aggregate amount of products and services that companies within an economy intend to offer for sale over a given period.