1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gnesinka [82]
2 years ago
11

Hydraulic fracturing (fracking) has the potential to significantly increase the amount of natural gas produced in the United Sta

tes. If a large percentage of factories and utility companies use natural gas, what will happen to output, the price level, and employment as fracking becomes more widely used? OR
Social Studies
1 answer:
konstantin123 [22]2 years ago
6 0

Answer:

Output or Real GDP will increase because fracking is a form of investment that results in higher productivity, and higher productivity results in more output. As the ouput formula shows:

Y = C + I + G + NX

Where Y is Output, C consumption, I investment, G government spending, and NX net exports (exports minus imports).

Therefore, holding all the other variables constant, if I increases, Y increases too.

Price level will decrease because the supply of fracking will increase. An increase in the supply of a good results in a lower price as long as demand stays more or less constant.

Employment levels will increase as well because the investments in fracking will demand workers, and the lower prices of natural gas, will allow companies to spend less on energy costs, and use the extra revenue to for investments, and thus, hire more workers as well.

You might be interested in
As a research participant, you study this list of words: curtain, book, anger, dirt, plant, hunger, paper, sadness, sunshine, mu
e-lub [12.9K]
The doctor said I would have a hard time remembering the sequence
7 0
3 years ago
Why are teens giving up privacy for popularity?
Bumek [7]

Answer:

Because they are emotionally imbalanced

7 0
2 years ago
Read 2 more answers
What was Alexander Hamilton’s main reason for insisting that all the nations debts must be paid in full?
Alisiya [41]
I think it's D but i'm not to sure
8 0
3 years ago
Read 2 more answers
In what ways can a member of the public act as a lobbyist?
pochemuha

A member of the public can act as a lobbyist by advocating for a group or an organization.

A lobbyist, tries to influence the decisions of those in power. for instance, the legislatures. For example, if a bill affects the interest group of a lobbyist, he tries with his persuasive skill to influence these decisions.

A member of the public can act as a lobbyist because lobbying is considered legal and it is a way the citizens can partake in participatory democracy. A lobbyist has to be registered publicly first though.

Lobbying is important in every government because it provides individuals access to legislatures which fosters individual or group interests.

Learn more about lobbying here brainly.com/question/2094084?referrer=searchResults

7 0
2 years ago
Provide two examples on how Easter is celebrated
Zina [86]
In most places they celebrate Easter because it was when Jesus the son of god had risen

Easter and Good Friday in Philippines are indeed celebrated in a unique way. The most striking feature in the Easter celebration is that Filipinos whip themselves and wear crowns of thorns. Some even choose to nail their hands and feet to a wood to represent the crucifixion of Jesus.
3 0
3 years ago
Other questions:
  • By treating the homeless man with respect and caring and helping him achieve an optimistic outlook, the police officer, although
    11·1 answer
  • Why are lines of latitude,longitude,the equator,and prime meridian called imaginary lines ?
    5·2 answers
  • Which is a problem that prevents Africa from being able to fully utilize its
    5·1 answer
  • Judy reminisces about when her children were young. She reveals to her daughter that she often felt tired and discouraged during
    6·1 answer
  • What problem or challenge was albert einstein trying to solve?
    13·1 answer
  • Access to interior areas and rooms is generally controlled by (mark all that apply):
    14·1 answer
  • "An instructor asks you to develop a study of the homeless that will provide a great deal of insight into what it is like to be
    7·1 answer
  • Evergreen forest is found in the equatorial region.why?​
    15·1 answer
  • Uhhh I dont understand this lol....
    8·1 answer
  • Jamie, who expects to be less inhibited when she drinks alcohol, will act less inhibited whether she actually drinks alcohol or
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!