The Energy Stored in All Fossil Fuels Was Originally In

question 14

Multiple Choice

The energy stored in all fossil fuels was originally in:

• A) dinosaur bones.
• B) meteors.
• C) Earth's ocean.
• D) uranium deposits.
• E) the Sun.

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Definitions:

APS

Average Propensity to Save, which is the fraction of income that is saved rather than spent on consumption, calculated as savings divided by disposable income.

APC

Average Propensity to Consume, the ratio of total consumption to total disposable income, indicating how much income is spent on goods and services.

APS

Average Propensity to Save, a macroeconomic term that refers to the proportion of total income which is saved by households in an economy.

APC

Average Propensity to Consume, which is a measure of the percentage of income that is spent on goods and services rather than being saved.