The EPA Estimates That Each Degree Reduction in Temperature Setting

question 44

Multiple Choice

The EPA estimates that each degree reduction in temperature setting on a thermostat reduces energy use by ____________.

• A) 1 -2 %
• B) 4-5%
• C) 7-8%
• D) 10-11%

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Definitions:

Keynesian Analysis

An economic theory that emphasizes the role government policies and spending should play in stabilizing the economy, maintaining low unemployment, and controlling inflation.

Aggregate Demand

The total demand for goods and services within a particular market.

Tax Cut

A reduction in the amount of taxes imposed by a government on its citizens.

Government Expenditures

Spending by the government sector including spending on goods and services, public works, and social programs.