Which of the Following Is True About Wind Power in Texas

question 52

Multiple Choice

Which of the following is true about wind power in Texas?

• A) Wind power production in Texas peaked during the 1990s.
• B) Wind power accounts for about one-fourth of all electricity in Texas.
• C) Federal taxes on wind energy have slowed its development in Texas.
• D) Texas leads all states in wind power production.

---

Definitions:

Tax Cuts

Reductions in the amount of taxes imposed by a government, often aimed at stimulating economic growth by increasing disposable income or encouraging investment.

Labor Supplied

The overall time period that workers consent to and can offer to work, in exchange for an established rate of pay.

Laffer Curve

A theoretical representation of the relationship between government revenue raised by taxation and all possible rates of taxation, suggesting that higher tax rates beyond a certain point actually decrease total revenue.

Elasticities

Measures of how much the quantity demanded or supplied of a good responds to changes in price, income, or other factors.