The Amount of CO₂ Released by Human Activities Per Year

question 2

Multiple Choice

The amount of CO₂ released by human activities per year is approximately ________.

• A)30 million tons
• B)300 million tons
• C)3 billion tons
• D)30 billion tons
• E)300 billion tons

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Definitions:

Complementary Factors

Complementary factors in economics refer to goods or inputs that are used together in production or consumption, where an increase in demand for one leads to an increase in demand for the other.

White-collar Employment

Jobs that typically involve professional, managerial, or administrative work, often in an office setting, as opposed to blue-collar jobs that involve manual labor.

Substitution Effect

The change in demand for a good due to a change in its price, leading consumers to substitute it with another product.

Output Effect

When the price of any resource rises, the cost of production rises, which, in turn, lowers the supply of the final product. When supply falls, price rises, consequently reducing output.