Which of the Following Would Most Reduce Current US Reliance

question 67

Multiple Choice

Which of the following would most reduce current US reliance on foreign imports of oil?

• A)switching to energy efficient light bulbs
• B)continuing to raise the CAFE requirements for all vehicles
• C)replacing any dishwasher or refrigerator more than 10 years old with new energy efficient models
• D)turning computers and lights off when not in use

---

Definitions:

Tax Rates

The percentage of income or value of goods taxed by the government, varying across different income brackets and types of goods.

Inflation

A sustained increase in the general price level of goods and services in an economy over a period of time, usually measured by the consumer price index (CPI).

Countercyclical Intervention

Economic policies or actions taken to counteract the negative effects of economic downturns.

New Classical Economists

A group of economists who believe in the rational expectations theory, advocating that markets generally operate efficiently and that policy interventions often lead to unintended consequences.