Several Automakers Have Recently Come Out with Hybrid Engines, Which

question 71

Multiple Choice

Several automakers have recently come out with hybrid engines, which rely partially on gasoline and partially on electricity. Such innovations are examples of solving environmental problems by __________.

• A) improving technology
• B) adopting a sustainable lifestyle
• C) raising awareness of the problem
• D) eliminating our reliance on fossil fuels entirely

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Definitions:

Market Value

is the amount for which something can be sold in a given market at a particular time.

Final Products

Goods and services that have completed the production process and are intended for final consumption or investment.

Value Added Approach

This is a method for calculating GDP that sums the values added at each stage of production, avoiding the double-counting of intermediate goods.

Calculating GDP

The process of estimating the total monetary value of all finished goods and services produced within a country's borders in a specific time period.