Fiscal policy affects which two components of aggregate demand either directly or indirectly are Consumption and investment.
Fiscal policy is a government's effort to manage the economy using taxation and public spending. Changes in taxation, government spending, and transfer payments are some of the tools of fiscal policy. It impacts aggregate demand and affects two components of aggregate demand either directly or indirectly, which are Consumption and investment.Net exports and saving and investment are not directly affected by the fiscal policy. Although, the tax policy affects consumption, which can indirectly affect saving. Similarly, the spending policy affects government investment that can indirectly affect private investment.Therefore, Consumption and investment are the two components of aggregate demand that are affected by fiscal policy either directly or indirectly.
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Why do you think economists have different belief systems/theories on economics?
Answer:The principal disagreement among economists is a matter of economic philosophy. There are two major schools of economic thought: Keynesian economics and free-market, or laissez-faire, economics.
Keynesian economists, named after John Maynard Keynes, who first formulated these ideas into an all-encompassing economic theory in the 1930s, believe that a well-functioning and flourishing economy may be created with a combination of the private sector and government help.
By government help, Keynes meant an active monetary and fiscal policy, which works to control the money supply and adjust Federal Reserve interest rates in accordance with changing economic conditions.
By contrast, the free-market economists advocate a government "hands-off" policy, rejecting the theory that government intervention in the economy is beneficial. Free-market economists—and there are many distinguished advocates of this theory, including Nobel Memorial Prize winner Milton Friedman—prefer to let the marketplace sort out any economic problems. That would mean no government bailouts, no government subsidies of business, no government spending explicitly designed to stimulate the economy, and no other efforts by the government to help what the economists believe is the ability of a free economy to regulate itself.
Explanation:
What is the total period cost for the month under the variable costing approach? a. $290,600 b. $112,200 c. $231,200 d. $343,400
(d). $343,400
Period cost = Variable selling and administrative cost + Fixed manufacturing overhead + Fixed selling and administrative cost
= $8 ? 6,600 + $231,200 + $59,400
= $52,800 + $231,200 + $59,400
= $343,400
What are variable costs?Variable costs are the total of all production's marginal costs. They may also be regarded as ordinary expenses. The two elements of the total cost are fixed costs and variable costs. Direct costs are expenses that are directly related to a certain cost object. But not all variable costs are related to direct expenses. For instance, variable overhead costs in manufacturing are variable expenses that are indirect costs rather than direct costs. Because they change depending on how many units are produced, variable costs are also known as unit-level costs.
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Why have many insurers replaced retrospective reimbursement methods with prospective payment methods
Answer:
have more control over financial risk
Explanation:
The main reason for this switch was to be able to have more control over financial risk. This is because, in a prospective payment system, most of the risk is moved to the provider's side. This ultimately allows the provider to take the necessary actions in order to control/minimize/or adjust the amount of risk that is present in a specific transaction/scenario.
A tax that takes a higher percentage of income from people with lower
incomes is a
A. progressive tax
B. deductive tax
C. dependent tax
D. regressive tax
A regressive tax is a tax that takes a higher percentage of income from people with lower incomes. Hence, option D is correct.
What is regressive tax?When the overall tax burden drops as income increases, the tax is said to be regressive. While middle- and high-income taxpayers suffer a proportionally smaller part of the tax burden, low-income taxpayers bear a disproportionately large share.
Every taxpayer, regardless of economic level, pays the same amount of money, a regressive tax may initially seem to be a fair method of taxing residents. A closer analysis reveals that such a tax results in lower-income persons paying a bigger percentage of their income than do wealthy ones.
Thus, option D is correct.
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What is a scenario in Excel 2016?
Answer:
In Excel, a scenario is a set of data inserted in the spreadsheet that is being used, which forms a variable that can be modified and, therefore, replaced in said spreadsheet together. Thus, for example, if cells A1: D4 contain data that is specific to an eventual particular situation that can occur in 3 different ways, there will be 3 scenarios containing data in that range of cells that can be modified, thus modifying the final results of spreadsheet.
Answer:
C. a set of input values that produce a result
Explanation: edg
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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which managerial function refers to the creation and delivery of succinct updates regarding progress toward goal achievement?
The managerial function that refers to the creation and delivery of succinct updates regarding progress toward goal achievement is known as reporting or monitoring and controlling.
It involves tracking progress, measuring performance, and making adjustments as needed to ensure that goals are met effectively and efficiently.
Reporting provides managers with timely information on how well the organization is performing and allows them to make informed decisions on how to improve performance. Effective reporting requires clear communication skills, attention to detail, and the ability to analyze data to identify trends and opportunities for improvement.
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broadly speaking, if the united states had a fixed exchange rate with mexico, what steps could the united states take to help maintain the exchange rate?
To maintain a fixed exchange rate with Mexico, the United States could employ various measures such as open market operations, foreign exchange interventions, capital controls, and fiscal policy adjustments.
In order to maintain a fixed exchange rate with Mexico, the United States could implement several steps. Firstly, the U.S. government could engage in open market operations, which involve buying or selling government securities to influence the money supply and interest rates, thereby impacting the exchange rate. Secondly, foreign exchange interventions could be employed, where the U.S. central bank intervenes in the foreign exchange market to buy or sell currencies, influencing the exchange rate.
Additionally, capital controls could be imposed to regulate the flow of capital between the two countries, aiming to stabilize the exchange rate. Lastly, fiscal policy adjustments, such as changes in government spending or taxation, could be utilized to influence the exchange rate indirectly by impacting the overall economy. These measures aim to help maintain the fixed exchange rate between the United States and Mexico.
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What cost to the environment might we expect from the tons and tons of plastic that is produced annually?
40% of the plastic generated annually is made of single-use materials. Many of these items, like plastic bags and food wrappers, only have a short shelf life but can linger in the environment for hundreds of years.
Plastic pollution has the potential to modify ecosystems' capacity to adapt to climate change, altering habitats, natural processes, and social and economic well-being for millions of people. Plastics' potential environmental, social, economic, and health hazards must be evaluated in conjunction with other environmental stresses such as resource consumption, ecosystem degradation, and climate change. Plastic's effects are as follows:
1. Endangers Ocean Life
2. Exterminates Land-Based Wildlife
3. Occupies Space
4. Generates Chemical Pollution
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a government minister in country X recently said: "the secondary sector of the industry will always be more important than the tertiary sector to our economy." do you agree with this view? justify your answer.
Answer:
Explanations yes i agree with this view since raw material are must for every sector. If there is no product, then service sector will have no work.
tertiary sector provide services for primary and secondary sector also secondary sector depent on pramiry sectorfor the input
What might you tell her about career resources and their importance in career selection?
Answer:
I would like to tell her that it is good that she has chosen her career but there is no harm in taking the help of the career resources as it will clarify her path and clear her conflicts if any. Moreover, it can help in her career selection and give her some ideas of the pros and the cons of the field she is choosing. Taking assistance of the resources can give major idea of the experiences and the instances from other’s life and can influence her decision in the positive way.
Explanation:
edge
ECONOMICS CHAPTER 2 SECTION 3
explain the relationship between the terms in each of these pairs
A. Private property rights and market
B. laissez-faire and capitalism
C. Specialization and profit
D. Factor market and product market
ECONOMICS CHAPTER 2 SECTION 3
Private property rights and market is in which people buy and sell resources or goods and services.
Private property rights are the rights of individuals and groups to own property and the market is any place or situation in which people buy and sell resources and goods and services.
Laissez-faire and capitalism-The relation-ship between laissez-faire and capitalism is laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention.
Specialization and profit- The relation-ship between specialization and profit is the companies specialize in making one product or one component of a product, if this product will make at large scale, companies reduces it's cost to earn profit.
Factor market and product market- The relation-ship between Factor market and product market is the factor market is running by the demand of product market. The product market is sold their goods and services with the demand of factor market to production these goods and services.
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Financial accounting provides information for_____decision makers, while managerial accounting provides information for______decision makers.
Answer:
External and Internal
Explanation:
Financial accounting provides information for external decision makers. This branch of Accounting focuses on the preparation of Financial Statements under the relevant reporting standards (IFRS or GAAP).
Managerial accounting provides information for Internal decision makers. These includes budgets, cost schedules and Cost - Volume Profit analysis. They are used to maintain the operations of the entity.
A person who is involved in the process of creating and managing a business to achieve his or her desired objectives is engaged in
Answer:
entrepreneur
Explanation:
An entrepreneur is an individual who initiates the process of creating and managing a business entity with profit motives. They start with developing a business idea and transform it into a successful venture. Entrepreneurs assume the risks associated with starting a new business. They risk their capital, time, and energy with the expectation to make profits.
Entrepreneurs are creative and innovative people. They spot business opportunities where others don't. Entrepreneurs develop products and services that address the community's needs.
which product exists in a monopolistically competitive market?
Numerous businesses provide competitive products or services that are similar but not exact substitutes. A monopolistic competitive market is present.
Clothing and hair salons are two examples of sectors with monopolistic competition. When businesses provide rival goods or services that are comparable but imperfect substitutes, monopolistic competition exists.
A monopolistic competitive industry has low entry requirements, and decisions made by any one firm do not directly affect those of its rivals. The pricing and marketing choices made by the rival companies serve as their points of differentiation.
Between a monopoly and perfect competition, monopolistic competition exists, combines aspects of both, and includes businesses with comparable but distinct product offerings.
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Answer:
clothing
Explanation:
I learn today that monopolistically competitive is something with varity like cloths there are plenty of options
Question 7 of 10
Zack buys 40 shares of eBay at the close price of $20.95. His broker charges
him 4% of each share as a transaction fee. How much did Zack spend in total
to buy this stock?
A. $838.00
B. $871.52
C. $856.28
D. $891.46
The cost of each share is $20.95, and Zack buys 40 shares, so the cost of the shares is 20.95 * 40 = $838.00.
Zack's broker charges him 4% of each share as a transaction fee, so the total transaction fee is 0.04 * 20.95 * 40 = $33.28.
Therefore, the total cost of the transaction is $838.00 + $33.28 = $871.28.
The correct answer is B. $871.52.
provide a sample of attention getting device for a speech about personal development
A thought-provoking question: "Have you ever wondered what it would feel like to unlock your full potential and achieve your wildest dreams?"
One attention getting device for a speech about personal development could be starting with a thought-provoking question. This approach immediately engages the audience and stimulates their curiosity, encouraging them to pay attention and actively participate in the speech.
By posing a question that challenges their current beliefs or makes them reflect on their own personal growth, you can capture their attention from the beginning. For example, you could start with a question like, "Have you ever wondered what it would feel like to unlock your full potential and achieve your wildest dreams?" This question taps into people's innate desire for personal growth and success, sparking their interest in listening to what you have to say.
By starting with a question, you create a sense of anticipation and set the stage for the rest of your speech. It creates a mental gap that the audience wants to bridge by listening to your insights and experiences on personal development. This attention-getting device not only grabs their attention but also establishes a connection between the audience and the topic, making them more receptive to the ideas and concepts you will discuss.
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Breton Woods Standards were found to be inadequate mainly because
Answer:
A key reason for Bretton Woods' collapse was the inflationary monetary policy that was inappropriate for the key currency country of the system.
Explanation:
The US decision to suspend gold convertibility ended a key aspect of the Bretton Woods system. The remaining part of the System, the adjustable peg disappeared by March 1973.
6.1.2 Exam
Which of these is a nonstore retailer?
A. Nail Salon
B. Supermarket
C. Coffee Shop
D. Catalog
Answer:
d
Explanation:
Selling products and services outside of a physical store is known as non-store retailing. Catalog is a nonstore retailer. Thus, option 'D' is the correct option.
What is a nonstore retailer?Selling products and services outside of a physical store is known as non-store retailing. It is a general phrase used to describe retailing that occurs outside of stores and shops (that is, off the premises of fixed retail locations and of market stands). Direct selling (off-premises sales) and distance selling, the latter of which includes all types of internet commerce, can be classified as the non-store distribution channel. Mail orders, catalog sales, telephone cold calling, and automated vending all fall under the category of distance selling.
Electronic commerce encompasses online shopping, internet trading platforms, travel portals, worldwide distribution networks and teleshopping. All types of selling at consumers' homes, businesses, and even garage sales are considered direct selling. Non-store retailing, commonly known as home shopping or online shopping, constantly experiences double-digit growth.
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You want to ctegsosit $15,00na bank at an interest rate of 7 percent per year What is the uture vale of this money after three yes?
tuture value P+)
present value +0
OA S1837563
OR $19661.94
OC $20407.33
Answer:
A $18, 375.63
Explanation:
The amount to be deposited is $15,000
Interest rate is 7 percent
time is 3 years
the future value will be; the applicable formula
A = p x ( 1 + r) ^n
A = $15,000 x ( 1 + 7/100) ^ 3
A= $15,000 x 1.225043
A=$18,375. 64
exercise 11-15a (algo) accounting for stock dividends lo 11-7beacon corporation issued a 4 percent stock dividend on 40,000 shares of its $7 par common stock. at the time of the dividend, the market value of the stock was $26 per share.required:compute the amount of the stock dividend.show the effects of the stock dividend on the financial statements using a horizontal statements model.
The stock dividend has no effect on the total stockholders' equity or the total assets and liabilities of the company. The stock dividend increases the number of shares outstanding, which in turn increases the common stock and additional paid-in capital accounts
To compute the amount of the stock dividend, we first need to calculate the total number of shares to be distributed. This can be done by multiplying the number of shares by the percentage of the dividend: 40,000 x 4% = 1,600 shares Therefore, Beacon Corporation will distribute 1,600 shares of its common stock as a stock dividend. To show the effects of the stock dividend on the financial statements using a horizontal statements model, we need to consider the following accounts: - Common Stock - Paid-in Capital in Excess of Par Value - Retained Earnings Here's how the stock dividend will affect each of these accounts: Common Stock: Before Dividend: 40,000 shares x $7 par value = $280,000 After Dividend: 41,600 shares x $7 par value = $291,200 Paid-in Capital in Excess of Par Value: Before Dividend: $0 After Dividend: (41,600 shares x $26 market value) - $291,200 common stock = $283,200 Retained Earnings: Before Dividend: $600,000 After Dividend: $600,000 (no change) Therefore, the effects of the stock dividend on the financial statements can be shown as follows: Beacon Corporation Horizontal Statements Model For the Year Ended December 31, 20XX Before Dividend After Dividend Assets Current Assets Total Current Assets Property, Plant, and Equipment Total Assets Liabilities and Stockholders' Equity Current Liabilities Total Current Liabilities Stockholders' Equity Common Stock $280,000 $291,200 Paid-in Capital in Excess of Par Value $0 $283,200 Retained Earnings $600,000 $600,000 Total Stockholders' Equity Total Liabilities and Stockholders' Equity
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Martha needs to acquire funds in order to expand her bakery. She does not want to give up control of her business, but her credit score is weak due to the recent foreclosure on her home. What should martha do to acquire these funds?.
The correct answer is Option C. In order to acquire funds to expand her bakery Martha can issue bonds to willing investors.
In the question, it is stated that Martha has a bakery and she needs to acquire funds in order to expand her bakery. She can not take loans because of her credit score which is weak due to the recent foreclosure of her home. In order to acquire funds, she can sell bonds to the people who are willing to invest in her bakery.
Bonds are financial entities which is a type of security that the investor holds in a business. This is a type of debt that the issuer owes to the investor in their business.
Hence, Option C is the correct answer
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Complete Question:
Martha needs to acquire funds in order to expand her bakery. She does not want to give up control of her business, but her credit score is weak due to the recent foreclosure of her house. What should Martha do to acquire these funds?
a) Issue stock to willing investors.
b) Borrow money from her local bank.
c) Issue bonds to willing investors.
d) She should do all of the above.
While working, someone you don't know points to your
colleague, Sofia, and says "Hey, I think I know her. Does
she live in Townsville? Isn't her name Anna?” Should you
provide your colleague's name and the town where she
lives?
It's ok to provide her name, but not the town where she lives
It's ok to provide the town where she lives, but you should never provide her name
It's never ok to provide personal information about a colleague or customer such
as a name or address.
It's never ok to talk about other people
possible symptoms of biotin deficiency include ______.
Seizures, hypotonia, ataxia, dermatitis, hair loss, ketolactic acidosis, organic aciduria, and prenatal abnormalities are some of the signs and symptoms of biotin deficiency.
Several foods naturally contain the B vitamin biotin, which is also available as a dietary supplement. Despite some dietary biotin being in the free form, the majority of biotin in foods is protein-bound. The protein-bound forms of ingested biotin are broken down by digestive enzymes called proteases and peptidases into biocytin and biotin-oligopeptides. These oligopeptides are then processed by the enzyme biotinidase in the intestinal lumen to liberate free biotin. The majority of the biotin is retained in the liver after being absorbed in the small intestine from the free form or it causes deficiency.
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4. If your checking account's balance is
$3,678.89 and you withdraw $1,514, what
is the remaining balance?
A $2,164.89
B $5,192.89
C$2,614.89
D $3,678.89
(Step by step ) please
After settling a legal dispute, Frank must chose one of two settlement
payment options. He can either receive an immediate lump sum payment of
$250,000, or he can receive an installment payment package with annual
payments of $25,500 spread out over a span of 10 years. Which would likely
be more beneficial to him, and why?
A. The installment package would be better because it would prevent
him from spending all of his money immediately.
B. The immediate payment would be better because it is more
money overall.
C. The immediate payment would be better because he could use the
money immediately to invest it in a safe, low return account.
D. The installment package would be better because he'll have more
money in 10 years than with the lump sum.
After settling a legal dispute, Frank must choose The immediate payment of $250,000, because it would be better as he could use the money immediately to invest it in a safe, low-return account. Therefore, option C is the correct option.
What is investing?
Investing or investment is a financial term. It is both a tool and a source to generate wealth and income. Investment means putting the money in respect of an object, as the value of the objects differs with time so the value of the money will also differ accordingly. This fact about investment makes it both, risky and profit-making at the same time.
Thus, after a legal dispute is resolved, Frank must select the $250,000 immediate payment because it would be preferable because he could use the money right away to invest it in a secure, low-return account. As a result, choice C is the best one.
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A car manufacturer is considering production of a convertibleversion of Volkswagen Beetle. The manufacturer plans to buy a newmachinery for $150 million and has a useful lifeof 5 years. Determine the depreciation value of the machinery calculated on a straight line basis.
$ ____ million
In this case, the purchase price of the machinery is $150 million and the residual value is assumed to be zero (since it will be fully depreciated by the end of its useful life). The useful life is 5 years.
Depreciation value = ($150 million - $0) / 5 years
Depreciation value = $30 million per year
Therefore, the depreciation value of the machinery calculated on a straight line basis is $30 million per year. To calculate the depreciation value of the machinery on a straight-line basis, we need to know the initial cost of the machinery, the salvage value (i.e., the estimated value at the end of its useful life), and the useful life of the machinery.
Given:Initial cost of machinery = $150 million
Useful life of machinery = 5 years
Salvage value is not provided, let's assume it to be $0 million.
Using the straight-line depreciation method, the depreciation value of the machinery per year can be calculated as follows:
Depreciation value = (Initial cost of machinery - Salvage value) / Useful life
Depreciation value = ($150 million - $0 million) / 5 years
Depreciation value = $30 million per year
Therefore, the depreciation value of the machinery calculated on a straight-line basis is $30 million per year.
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which of the following responsibilities are separated in a good internal control system for cash payments? multiple choice question. record keeping is separated from accounts payable electronic funds transfer transmittals is separated from check signing duties cash payment approval is separated from check signing or electronic funds transfer transmittals
The internal control system for cash payments separates the following responsibilities: Cash payment approval is separated from check signing or electronic funds transfer transmittals. The term internal control refers to the set of procedures and measures that an organization adopts to ensure the achievement of its objectives.
Internal control has five elements or components that function together to achieve an organization's goals. These components are the control environment, risk evaluation, control activities, information and communication, and monitoring.Each component performs a distinct function in ensuring that the system runs smoothly. It aids in preventing and detecting problems, as well as reducing risks.
It also improves accountability and efficiency, and provides guidance on decision-making, among other benefits. These controls help to detect and deter errors, fraud, and misappropriation.Internal control systems' primary purpose is to protect and safeguard assets, ensure compliance with regulations, and enhance financial reporting. Internal controls assist businesses in attaining their goals by assisting them in achieving greater efficiency, increased productivity, and decreased risk.
Therefore, the internal control system must be solid and effective. Cash payment approval is separated from check signing or electronic funds transfer transmittals in a good internal control system for cash payments. It means that no one person has the ability to control all of the cash payment processes.
By separating duties, it helps to ensure that an employee does not have control over all aspects of the cash payment process. This reduces the risk of fraud and error, as well as ensuring that the system runs smoothly.
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A ledger account is divided into. *
2 points
2 parts
3 parts
4 parts
5 parts
14 parts
Which of the following transactions involves contra entry? *
2 points
Bank charges
Cash sales paid into the bank
Paid cash into the bank
Withdrew cash from the bank for private use
Putting it in one's pocket
The main book of account is the *
2 points
petty cash book
journal
purchases book
ledger
none of the options
The following keys are found in both the computer and typewriter except *
2 points
back space
delete key
home row keys
space bar
number lock key
Which of the following analyses cash expenses into various sub-heads? *
2 points
Double column cash book
Multiple cash book
Petty cash book
Single column cash book
Quadruple column cash book
“Continue with the preceding one” is represented with which of these symbol signs in manuscript? *
2 points
L. c
B. U. c
insert
Run on
go away
How many columns has the simplest form of a ledger? *
2 points
2
4
6
8
12
When typing a document in a hanging paragraph, the second and subsequent lines are type in how many space/s to the right of the first line? *
2 points
One
Two
Three
Five
Four
A memorandum should not contain *
2 points
date and reference
date and subject
salutation and address
name and date
subject, date and reference
The source document that is used to prepare the petty cash book is called *
2 points
invoice
debit note
receipt
petty cash voucher
cash booklet
Answer:
1) 2 parts
2) withdrew cash from Bank for personal reasons
3) ledger
4) delete key
5) petty cash book
6) run on
7) 4
8)three
9) date and subject
10) receipt
which of the following statements is inconsistent with information in the passage? a most people believe that the u.s. energy supply is nearly depleted. b environmentalism has caused fundamental changes in the u.s. energy policy. c the use of domestic oil has been declining in the u.s. in recent years. d since the 1970s, the u.s. government has consistently supported the soft-energy approach.
Since the 1970s, the American government has continuously backed the soft-energy strategy.
What background is being raised here?In the late 1960s and early 1970s, when oil output peaked and then started to drop, "limits on the energy basis in the United States began to surface," the author writes. The growing number of people and towns adopting the "soft-path" renewable energy strategy is mentioned by the author as another evidence of increased public awareness. The author examines the significant influence environmentalism had on the burning of coal, which led to a move to oil use by utility corporations, which then tripled between 1968 and 1973. Direct mention of the drop in American oil production is made by the author.
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