Which of the Following Statements About the Obama Administration's Energy

question 14

Multiple Choice

Which of the following statements about the Obama administration's energy policies is not true?

• A) Obama focused primarily on market-driven supply and demand conditions for an energy policy.
• B) Obama balanced support for continued fossil fuel production with promotion of renewables.
• C) Obama approved more oil and gas exploration on public lands while using public investment funds to spur more renewables.
• D) Obama believed that economic recovery after the financial crisis limited how aggressively renewables could be funded.

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Definitions:

Sum-Of-The-Years'-Digits

A method of depreciation that accelerates the write-off of assets by applying a decreasing fraction to the depreciable amount each year.

Straight-Line Method

A depreciation technique that allocates an equal amount of depreciation expense for an asset each year.

Prospective

Relating to or effective in the future, often used in context with financial statements or models that forecast future performance.

Tax Savings

Tax savings refer to the reduction in tax liability achieved through allowable deductions, credits, or other legal means.