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For the United States to Become Less Dependent on Foreign

Question 41

Multiple Choice

For the United States to become less dependent on foreign sources of oil,


A) The cross-price elasticity for alternative energy sources is negative.
B) The price of alternative energy sources such as wind and solar has to rise.
C) Incomes in the United States must increase.
D) The price of oil and gasoline must increase to shift businesses and consumers over to alternative energy sources.

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