What Is the Least Feasible Method for Industries to Cut

question 20

Multiple Choice

What is the least feasible method for industries to cut energy waste?

• A) using combined heat and power systems
• B) replacing energy-wasting electric motors
• C) switching from coal-burning power plants to nuclear power plants
• D) recycling materials
• E) switching from incandescent lighting to fluorescent lighting and LED lighting

Evaluate strategies for managing the current account deficit.

Comprehend the role of reserve currencies in global finance.

Assess the impact of foreign investment in domestic economic control.

Understand the dynamics of the current account balance and factors affecting it.

---

Definitions:

Reserve Requirements

Mandatory regulations set by central banks determining the minimum amount of reserves that must be held by commercial banks, ensuring they have enough cash on hand to meet withdrawal demands.

Monetary Policy

The process by which a central bank or monetary authority manages the money supply and interest rates to achieve economic objectives.

Interest Rates

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, that borrowers pay to lenders over a specified period.

Money Supply

The sum of all financial resources in the form of cash and deposits in banks present within an economy at a given moment.