Which of the Following Is NOT True About Electricity

question 5

Multiple Choice

Which of the following is NOT true about electricity?

• A) Supply and demand for electricity are matched within 140 control areas in the US, then excess power sold to other control areas
• B) The ability to sell excess power is constrained by transmission capacity
• C) Electricity is a commodity that can be easily stored
• D) Air conditioning is a big use of electricity

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Definitions:

Budget Deficits

The condition when a government, organization, or individual spends more money than it receives over a certain period, requiring borrowing to bridge the gap.

Multiplier Effect

An economic phenomenon where an initial injection of spending leads to increased income and consumption, further amplifying the initial economic impact.

Aggregate Demand

The total demand for all goods and services in an economy at a given overall price level and within a specified period.

National Income

The total income earned by a nation's people and businesses, including wages, rent, interest, and profits.