Which of the Following Is Not a Cause of Increased

question 48

Multiple Choice

Which of the following is not a cause of increased oil prices?

• A) Growing global reliance on nuclear power.
• B) China's growing demand for energy.
• C) Tensions between Iran and the West.
• D) Flagging US energy conservation.

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Definitions:

Equity

Refers to the ownership interest in a corporation in the form of common or preferred stock; it represents the owners' share in the company's assets.

Fairness

A subjective concept referring to equal and impartial treatment, decisions, and actions in context with ethical, societal, or personal standards and norms.

Normative Economics

An approach to economics that makes judgments about what the economy should be like or what particular policy actions should be recommended.

Behavior

The actions or reactions of an individual, group, or system in response to external or internal stimuli.