In 2012,a Major Driving Force Increasing the Development and Use

question 56

Multiple Choice

In 2012,a major driving force increasing the development and use of renewable-energy is

• A)the ability to capture the energy of the wind,sun,and water.
• B)concerns about climate change and costs that are now competitive with fossil fuels.
• C)increased solar radiation and wind velocities over the past decade.
• D)the ease with which solar and wind energies can be tapped in every region of the earth.

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Definitions:

AAA Corporate Bonds

The highest quality bonds issued by corporations with a strong ability to repay the debt, making them low-risk investments.

Interest Rates

The amount charged by lenders to borrowers for the use of money, expressed as a percentage of the principal, typically on an annual basis.

Pure Expectations Hypothesis

A theory that suggests that the interest rates on long-term bonds will equal an average of current and future short-term interest rates.

Yield Curve

A graphical representation showing the relationship between the interest rates on debts of different maturities, typically of government bonds, highlighting investors' expectations for future interest rates and economic conditions.