Which of the following statements is true of energy sources in the United States?
A) U.S. oil production, which rose sharply after 1985, began to decline again in 2009.
B) Low natural gas prices plus new air-pollution regulations have made coal uncompetitive as a source of electricity.
C) The United States is not in favor of using nuclear energy as it releases greenhouse gases.
D) The Obama administration approved the construction of the Keystone XL pipeline along the U.S. Gulf Coast.
E) Imports of natural gas are cost-effective as natural gas can be transported by ship efficiently.
Question 2
Chad, a sales executive at Ochre Inc, was laid off after Ochre faced severe financial losses in the second and third quarters of 2014. The country witnessed an economic decline in the same year. As a result, Chad is now struggling to make ends meet with his limited savings. His debt has considerably increased, and he is finding it difficult to pay his household bills. This situation is an example of _____.
A) inflation
B) an appreciation period
C) a recession
D) disintermediation
E) a boom period
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