The Production of Durable Goods Varies More Than the Production

question 129

Multiple Choice

The production of durable goods varies more than the production of nondurable goods because:

• A)durables purchases are non-postponable.
• B)durables purchases are postponable.
• C)nondurables purchases are postponable.
• D)durables purchases and nondurable purchases are both non- postponable.

---

Definitions:

Kyoto Treaty

An international agreement aimed at reducing carbon dioxide emissions and the presence of other greenhouse gases to combat global warming.

Industrial Pollution

The release of harmful substances into the environment as a result of manufacturing or processing activities.

Cap And Trade

An environmental policy tool that sets a limit on emissions and allows companies to buy and sell permits to stay within those emission limits.

Emission Permits

Emission permits are allowances given to companies, allowing them to release a specific amount of pollutants into the environment, used as a tool for regulating environmental impacts.