With Regard to U

question 25

Multiple Choice

With regard to U.S. energy policy, most experts would agree with which statement?

• A) The United States has developed a strong energy policy since President Obama took office.
• B) The Bush administration supported significant development of alternative sources with support from Congress; this has stalled due to the current recession.
• C) The United States has no real cohesive energy policy; individual and corporate decisions in the marketplace dictate energy patterns and use.
• D) The United States has had a strong energy policy implemented by the EPA since the early 2000s.

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Definitions:

Plant Size

Refers to the scale or capacity of a manufacturing facility or industrial plant, affecting its potential output levels and efficiency.

Output Units

The measured quantity of goods or services produced by a firm or industry.

Long Run

A period of time in economics during which all factors of production and costs are variable, allowing for full industry adjustment to changes.

Extensive Range

A wide scope or variety of something, covering a broad spectrum.