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Rudiy27
2 years ago
5

Which statements accurately compare the environmental impact of acquiring natural gas and acquiring oil? Select the two correct

answers. (1 point)
Both can cause sinkholes to occur
Both can impact groundwater supply
Both emit hydrogen into the air
Both can cause landslides on mountains
Both involve drilling into the earth.
Advanced Placement (AP)
1 answer:
maw [93]2 years ago
5 0

Answer:

C. Both emit hydrogen into the air.

E. Both involve drilling into the earth.

Explanation:

Acquiring natural gas and oil have two major affects on environment; that is they both emit hydrogen gas into the air and they both involve drilling into the earth.

Releasing of hydrogen gas into the air have many harmful effects such as it causes increased level of global warming. Another effect on environment for acquiring natural gas and oil is that it involves drilling into the earth. To acquire these natural  resources, drilling process is done into the earth's surface.

Therefore, option C and E are correct.

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AP Macro Topic 3.8
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This question is based on Fiscal Policy Analysis.

1. The short-run equilibrium price level and output are PL² and Y¹, where Equilibrium Price is PL₂ and Equilibrium Output is Y¹.

<h3>What is Fiscal Policy?</h3>

Fiscal policy is defined as the use of government spending and tax policies to regulate and control the economic situation of a country. The conditions controlled in this case are macro-economic indices such as inflation, unemployment, equilibrium wage levels, etc.

2. If the Short-Run Equilibrium price level falls, the new equilibrium price level will become PL¹. This is because the next lowest price level below PL² is PL¹.

3. If Investment (or spending or demand) is increased in the short run, the equilibrium price level will sit at PL³.

4. After a negative supply shock (that is supplies took a negative turn), the new short-run equilibrium price will be fixed at PL¹ with Y being equal to Y¹.

5. If the real GDP was Y³ the type of Unemployment that could result are:

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Demand Deficient Unemployment occurs because the company no longer has sufficient demand for its products to sustain its operations. This leads to the company reducing production as well as its workforce. Notice the huge huge unmet demand as depicted in points PL²Y², PL³Y³, and PL₁Y¹ (See attached image for the shaded region).

Voluntary Unemployment is similar to demand deficient Unemployment. The causes are the same. The difference here is that the employees voluntarily resign because it is no longer financially rewarding. This may be due to huge pay reductions as a result of low demand oversupply.

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7. The long-run equilibrium price (LRAS) where the ages and resources are flexible will be PL¹, PL², PL³, and PL⁴. This is because, in the long run, the economy can create natural levels of employment and potential output at any given price level.

8. Based on the question and the information provided by the graph, the long-run equilibrium output will stand at Y⁴ if government spending increases.

See the link below for more about Fiscal Policy:

brainly.com/question/6583917

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Social control is considered one of the foundations of order within society.

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