A pumped storage reservoir used regularly by an electrical utility is efficient for the utility to operate

A) even if it takes twice as much electricity to operate as it generates.
B) only if it generates more electricity in the long run than it uses u

A

Economics

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The Federal Open Market Committee has responsibility for

A) advising the Treasury Department on monetary policy. B) printing money. C) issuing orders to buy or sell government securities for the Fed. D) appointing members to the Board of Governors of the Federal Reserve system.

Economics

Using prices from 2012, GDP grew 10 percent between 2012 and 2013; using prices from 2013, GDP grew 8 percent between 2012 and 2013

For its link back to the base year, the BEA will use ________ percent as the growth in real GDP between 2012 and 2013. A) 10 B) 2 C) 18 D) 9 E) 8

Economics