Graph 1 Graph 2 China's economy drives increase in energy consumption quadrilion British thermal units 125 Energy Use per Capita trillion U.S. real (2000) dolla total anergy consumption GDP (real 2000 dollars) 100 75 2.75 2 2029 50 634 721 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 A. Identify the trend shown in Graph 2 B. Describe one reason why the United States has a higher per capita energy use than China C. Discuss the benefits and limitations of using energy use per capita to analyze global energy trends

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter5: Business And Economic Forecasting
Section: Chapter Questions
Problem 1.1CE
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Graph 1
Graph 2
China's economy drives increase in energy consumption
quadrilion British thermal units
125
Energy Use per Capita
cia
trillion U.S. real (2000) dollars
total energy consumption
-GDP (real 2000 dollars)
100
4.
75
2P5 2
209
3.
50
721
25
Indenesia
2001 2002
2003
2004
2005
2006
2007 2008 2009
2010 2011
A. Identify the trend shown in Graph 2
B. Describe one reason why the United States has a higher per capita energy use than China
C. Discuss the benefits and limitations of using energy use per capita to analyze global energy trends
Transcribed Image Text:Graph 1 Graph 2 China's economy drives increase in energy consumption quadrilion British thermal units 125 Energy Use per Capita cia trillion U.S. real (2000) dollars total energy consumption -GDP (real 2000 dollars) 100 4. 75 2P5 2 209 3. 50 721 25 Indenesia 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 A. Identify the trend shown in Graph 2 B. Describe one reason why the United States has a higher per capita energy use than China C. Discuss the benefits and limitations of using energy use per capita to analyze global energy trends
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