The Total Amount of High-Quality Energy Available After the Energy

question 43

Multiple Choice

The total amount of high-quality energy available after the energy needed to make it available is subtracted, is called

• A)net energy
• B)total energy
• C)useful energy
• D)gross energy
• E)entropy

---

Definitions:

Money Supply Increases

A situation where the total amount of money in circulation within an economy is expanded.

Nominal GDP

The gross domestic product measured at current market prices, not adjusting for inflation, reflecting the value of all goods and services produced.

Real GDP

The total value of all goods and services produced by an economy over a specific time period, adjusted for inflation.

Price Level

The mean of present prices for all goods and services produced within an economy, typically gauged by a price index.