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Can Global fossil fuels dependence lead to an increase in oil prices?
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Can global fossil fuel dependence lead to and increase in oil prices?
true
Why is it important to investigate alternative fuels?
Because our present sources are running out, the majority of which are fossil fuels, and are adding to global warming and climate change.A:Because the US dependence upon foreign oil is having adverse effects on the US economy and the climate. If we can develop an alternative, then we have more control on oil prices and less dependency on other nations.
As previously underdeveloped nations begin to compete in the global market, which of the following has occurred?
increase in energy usage, causing higher prices
Which best explains an increase in the number of hybrid's sold?
The best explanation for for the increase in the number of hybrids sold would be the increase in fuel prices. As gas and oil prices began to rise during the global financial crisis, many people decided to buy cars which were more fuel efficient.
When As previously underdeveloped nations begin to compete in the global market has occurred?
There's been an increase in energy usage, causing higher prices
How might the environment benefit from higher consumer prices for fossil fuel?
Higher prices for fossil fuels (coal, oil and natural gas) would encourage more companies to invest in renewable energy (solar, wind, water, hydro, tidal and wave, geothermal, ocean thermal, biomass, biofuel and hydrogen). The price of renewable energy would become competitive with fossil fueled electricity, so more renewable energy would be used. As fossil fuel use damages the environment (global warming and climate change), then using less of it will slow global warming and lead to a happier future for the earth.
Is fossil jewelry expensive?
Not really their prices are reasonable, for jewelry anyway.
Do prices increase during a depression?
it will increase
What is administered price inflation?
when the government administers or subsidises prices of essential commoditites like rice, oil or even oil and electricity but the global prices are high, then it implies that these domestic prices would take some time to respond or adjust to global prices and in this process, the rate at which the prices respond would lead to inflation implying that it is transmitted through global prices.
What was not a consequence of the plague anti-semitism decline in trade increase in food prices increase in the price of labor?
Increase in food prices
When the price of a capital good increase what happens to the prices of related consumer goods and services?
Prices increase due to the increase in production cost.
When the price of a capital good increase what happens to the prices of related consumer goods and services Why?
Prices increase due to the increase in production costs.
