The United States consumes more energy per person than any other country in the world.
Answer the following statement true (T) or false (F)
True
Per person, the United States consumes 3.6 times the world average energy consumption. See Figure 19.2 in the textbook.
Economics
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GDP is not a perfect measure of well-being because
A) the value of leisure is included in GDP. B) GDP is adjusted for increases in drug addiction. C) GDP is not adjusted for pollution. D) GDP is adjusted for changes in crime rates.
Economics
Which of the following characteristics of a production possibilities frontier indicates that trade-offs must be made?
A. The downward slope B. The upward slope C. The constant slope D. The curvature
Economics