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About What Minimum Price Per Barrel of Oil Is Necessary

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About what minimum price per barrel of oil is necessary for biodiesel to become economically viable as an alternative energy source?


Definitions:

Taxable Income

The amount of income subject to taxes, after deductions and exemptions, according to the tax laws governing the taxpayer.

Tax Rate

The percentage at which an individual or corporation is taxed by the government on income, property, or sales.

Expenditure Programs

Government policies focused on spending in specific areas such as health, education, and infrastructure to promote economic growth and welfare.

National Defense

Governmental and military activities aimed at protecting a country and its citizens from external threats and ensuring national security.

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