During 2004 China Increased Its Use of Global Oil by 40%.This

question 87

Multiple Choice

During 2004 China increased its use of global oil by 40%.This followed a 100% increase during the previous 5 years.How do economists refer to this kind of economic event?

• A) Demand shock
• B) Equilibrium event
• C) Expanding commodity event
• D) Supply shock

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Definitions:

Thermoregulation

The process by which an organism maintains its internal temperature within a tolerable range.

Cultural Influence

The impact of societal beliefs, values, and practices on an individual's behavior, thoughts, and feelings.

Biological Motives

Innate drives related to survival and reproduction, such as hunger, thirst, and mating.

Estrus

A phase in the female reproductive cycle of mammals signifying when they are sexually receptive and fertile.