Asked by
Arianna Tomczak
on Nov 26, 2024Verified
From 1950 to 2017, according to data from the U.S. Energy Information Administration, the ratio of real GDP to energy consumption in the United States has been
A) relatively constant.
B) slowly decreasing.
C) decreasing steeply.
D) rising significantly.
Real GDP
The measure of the value of economic output adjusted for price changes (inflation or deflation), providing a more accurate reflection of an economy's size and growth.
Energy Consumption
The amount of energy used by devices, systems, or processes, typically measured over a specific time frame.
Energy Information Administration
A U.S. Government agency responsible for collecting, analyzing, and distributing energy information to promote sound policymaking, efficient markets, and public understanding of energy and its interaction with the economy and the environment.
- Analyze the significance of technological advancements in increasing energy efficiency.
Verified Answer
JC
Learning Objectives
- Analyze the significance of technological advancements in increasing energy efficiency.