Question

An energy-intensive economy like that of the United States or France is likely to be concerned...

An energy-intensive economy like that of the United States or France is likely to be concerned with the rise in the price of which of the following resources?

oil

coal

wood

charcoal

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Answer #1

"A"

An increase in the price of the oil will make the economies like US and France more worried because it will increase the price of the inputs and decrease the output and raise the prices.

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