Which of the Following Is Most Likely to Shift the Demand

question 77

Multiple Choice

Which of the following is most likely to shift the demand curve for electricity to the left?

• A) consumers becoming more energy conscious
• B) an increase in income
• C) a decrease in the price of electricity
• D) an increase in the price of natural gas, a substitute source of energy

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Definitions:

Equity Index

A benchmark that measures the performance of a specific section of the stock market by tracking the price of selected stocks.

Volatility

A statistical measure of the dispersion of returns for a given security or market index, often used as a measure of risk.

U.S. Dollar-Denominated Returns

Investment returns calculated in U.S. dollars, highlighting the effect of currency fluctuation on international investments for U.S. investors.

Lowest Volatility

The condition of experiencing the smallest degree of variation in price over a specified period, often sought after in stable investment options.