The Obama Administration Has Made Alternative Fuels a High Priority,but

question 45

Multiple Choice

The Obama administration has made alternative fuels a high priority,but should except resistance from what groups?

• A) NGOs.
• B) EDCs.
• C) Businesses involved in traditional fuels.
• D) Members of the European Union.

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Definitions:

Labor Markets

Economic platforms where workers find paying work, employers find willing workers, and wage rates are determined.

Labor Supply

The total hours that workers are willing and able to work at a given wage rate, in a given time period.

Labor Demand

The total amount of workers that employers are willing and able to hire at a given wage rate within an economy.

Compensating Differentials

Wage differentials that arise to compensate workers for the desirability or undesirability of a job's characteristics.