Consider the following equation:
Where GHG = world annual emissions of greenhouse gases Energy = world annual amount of energy consumed GDP = world's annual gross domestic product
The ratio Energy/GDP describes
A) the amount of energy per unit of GDP required to stabilize greenhouse gas emissions.
B) the energy efficiency of greenhouse gas emissions.
C) the number of units of carbon- based energy produced as a fraction of GDP.
D) the number of units of energy used per dollar of GDP produced.
E) the amount of energy used per unit of output in the energy- intensive sector of the economy.
Correct Answer:
Verified
Q61: A paper mill discharges chemicals into a
Q62: The figure below shows the marginal benefit
Q63: Private and competitive markets could produce efficient
Q64: A potential disadvantage of emissions taxes versus
Q65: The figure below shows the marginal benefit
Q67: In general, the economist's view on allocating
Q68: A paper mill discharges chemicals into a
Q69: The diagram below shows the market for
Q70: Two firms, A and B, are legally
Q71: When comparing a system of emission taxes
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents