Sophia's family is growing, and she needs to buy a bigger car by financing it for five years. why is it important for her to check the information recorded on her
credit report?
to verity that her report reflects accurate on-time payment history
to confirm that her report has the correct car brand and model
to check that her report includes the appropriate maintenance schedule
to ensure that her report shows the correct license registration

Answers

Answer 1

It is important for her to check the information recorded on her credit report to verity that her report reflects accurate on-time payment history.

What is credit report?

This refers to the list that shows a client data about their credit activity such as loan paying history, status of credit accounts etc

Hence, Sophia needed to check the information recorded on her credit report to verity that her report reflects accurate on-time payment history.

Therefore, the Option A is correct.

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Kevin is looking at two brands of washing machines. Between water and electricity, a Brand C washer uses about $0.65 per load, and a Brand D washer uses about $0.27 per load. Kevin averages about five loads of laundry per month. After one year, how much more would the utility costs for a Brand C washer be than the utility costs for a Brand D washer

Answers

Based on the utility costs of Brand C and D, there will be a difference in utility costs at the end of the year of $22.80.

How much more would Brand C cost in utility costs?

First find the utility cost for Brand C in a year:

= 0.65 x 5 x 12 months

= $39

Utility cost of Brand D:

= 0.27 x 5 x 12 months

= $16.20

The difference would be:

= 39 - 16.20

= $22.80

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On september 1, you compare the petty cash book balance of $29.30 with the actual currency in the petty cash box. the box contains the following: 2-$5 bills; 6-$1 bills; 12-half dollars; 8-quarters; 34-dimes; 16-nickels; and 25 pennies. complete the following to find the amount of cash shortage/overage:

Answers

The amount of cash overage in the petty cash book as against the opening balance will be $0.85.

What is petty cash book?

A book, which has the chronological and systematic records of all the small and petty expenses and receipts of an organization, is known as a petty cash book.

The balance in petty cash book can be ascertained by the following method,

[tex]\rm Petty\ Cash\ Balance= Beginning\ Balance - Expenses\ and\ Petty\ Bills\\\\\rm Petty\ Cash\ Balance= 29.30 - (10+6+6+0+3.80+0.80+0.25)\\\\\rm Petty\ Cash\ Balance= $0.85[/tex]

Hence, the petty cash book has an overage of $0.85 for the month of September.

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A government-imposed price ceiling set below the market's equilibrium price will create a shortage for a product. As a result of the shortage, either the demand curve will tend to shift to the left or the supply curve will shift to the right or both.

Answers

When a government-imposed price ceiling set below the market's equilibrium price, either the demand curve will tend to shift to the left or the supply curve will shift to the right or both.

What is an equilibrium price?

In economics, economic equilibrium is a situation in which economic forces such as supply and demand are balanced and in the absence of external influences the values of economic variables will not change.

Therefore, the influence of the government (external) can either make the demand curve tend to shift to the left or the supply curve shift to the right or both.

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Peanut crops have been destroyed by a fungus. Consumers are substituting almond butter for peanut butter because they perceive it to be a healthier option. The prices of both peanut butter and almond butter are rising. Why

Answers

The prices of both peanut butter and almond butter are rising because of the demand and supply forces.

What is Demand and supply?

Demand and supply forces are the deriving forces of the market which influence the prices of the commodities. Demand refers to the willingness and ability to purchase the commodity.

Supply refers to the availability of the product and services in the market that to as per the requirement in the market. Thus both the terms are interrelated and interconnected to each other.

As per the above situation, the rise in the demand of the peanut butter is due the loss of the crop due to fungus with created shortage in the supply of the peanut in the market.

Thus people shifted to its substitute almond butter which rises the demand of the almond butter as well.

Therefore it increased the prices of the both the kinds of the butter available in the market.

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Ben and Amanda are interested in a vacant, undeveloped lot. They are going to continue to live in their current home, pay off the lot's loan, and then build a new home on the lot. Before closing on the purchase of the lot, they discover the zoning regulations permit nightclubs to be built in the immediate area. They specifically asked the broker about this issue and were told there was no reason to worry. What are Ben and Amanda's options, if any

Answers

Ben and Amanda may cancel the transaction based on the misrepresentation of the broker.

What are the consequences of not telling the truth when selling property?

Misleading a buyer, whether it's been done intentionally or unintentionally, could be a breach of the Misrepresentation Act which is a common law fraud.

The right of rescission is a legal right, that a consumer may use if he found that he has been deceived by the broker or seller by giving the false statements and misrepresentation about the property they are going to purchase.

They have the right that they can cancel the agreement and rescind the payment as well. It gives them three days to rescind an agreement and get your money back.

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Your opening a small toy store. Identify three decision about inventory you would need to buy in your first year of operation. What type of information, if any would you want or need to have available in you accounting information system to help you make each of those decisions?

Answers

Your main focus should be towards what kind of toys kids demand or you should have proper supply or not.

There are three inventory decisions you would need to make throughout your first year of business :

1. The most crucial decision you must make is how many new toys should be bought to satisfy expected demand for the product. Sales will be lost if you order too little, and profits will be decreased if you order too much due to the low pricing offered during clearance sales.

2. The second most crucial decision you must make is to keep your toys up to dated according to kids interest.

3. The third most important decision not to move towards higher return in your first year by offering less price than M.R.P.

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A small island country has recently begun an initiative aimed at attracting more businesses to revitalize the economy. An increase in bed and breakfasts, resorts, casinos, hotels, and restaurants has created several jobs, as well as brought in more tourist dollars. However, the island’s president isn't satisfied and has announced a special effort to attract small- to medium-size suppliers and manufacturers. Why do you think he wants to put additional emphasis on businesses that produce goods rather than provide services?

Service jobs have higher salaries than manufacturing jobs.

Manufacturers pay more in taxes.

Manufacturing has the most significant multiplier effect.

Service businesses conflict with manufacturing.

Answers

Option (b) Manufacturing has the most significant multiplier effect.

Manufacturing is the basic to produce any product or to start any business. As in the case study we studied small island country has taken initiative to attract more and more business. On the other hand, president has announced a special effort to attract small- to medium suppliers and manufactures because to firstly balance everything in the economy like reduce unemployment, providing proper wages so that workers would encourage to perform best in their fields.Once the everything is balanced then it can lead to hike in the economy.

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Homeshoring provides companies with operational efficiencies while also resolving possible issues related to:_________

a. cost
b. outsourcing jobs
c. facilities
d. management

Answers

Home shoring helped the companies in providing operational efficiencies by resolving the issues of outsourcing jobs also.

Option B is the correct answer.

What is outsourcing?

Outsourcing is the activity where the third party fulfills the work being given by the company.

Home shoring is the process where the companies are providing jobs in the comfort of the respective homes of their employees. This helped the companies to hire employees from any part of the world or nation. It also provides immense exposure to employees without even going to the office space.

Therefore, the issue of outsourcing the jobs would be solved by home shoring leading to enhancing the operational efficiency of companies.

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At a price of $2,000 per unit, the demand for Rancho 60 mountain bikes from Peyton Bike's Inc. is 300 units, which is the number of bikes the company manufactures every year. This is Peyton Bike's maximum output. If the marketing managers at Peyton Bike's Inc. decide to sell each bike at a price lower than $2,000 per unit, _____. a. the demand for and the supply of the bikes will attain equilibrium b. a shortage of bikes will be created c. an inelastic demand for the bikes will be created d. the number of bikes produced will increase drastically

Answers

If the marketing managers at Peyton Bike's Inc. decide to sell each bike at a price lower than $2,000 per unit, a shortage of bikes will be created.

Why are bikes in short supply?

As a result, additional problems like plant shutdowns and disruptions as well as the unheard-of increase in bike orders during the peak of the coronavirus pandemic have added to the supply chain difficulties. The sector has never before experienced such a massive increase in demand as it has over the past two years.

Are there still not enough bicycles?

The "Great Bicycle Shortage" of 2021 is finally ended, which is wonderful news. The bad news is that you'll have to pay more in 2022, just like with everything else. Lori Van Maluka is all too familiar with the bike shortage.

How long will there be a bicycle shortage?

Mason claimed that despite the bike industry's growth slowing down since 2020, sales are still higher than they were before the pandemic. While the shortage is still present, according to Mason, it is concentrated on a few particular bike models, parts, and accessories. She believes that the shortfall will continue into the following year or two.

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Suppose an economy is at its steady-state equilibrium and there is a permanent reduction in the saving rate of the economy. In this case, as the economy approaches its new steady state, capital per worker will _____ and output per worker will _____.

Answers

In this case, as the economy approaches its new steady-state, capital per worker will increase and output per worker will decrease. This condition is true according to the Solow Growth Model.

What is the Solow Growth Model?

The Solow Growth Model references Long-Run Economic Growth in relation to Savings and Investment.

According to this model, an increase in savings translates to positive economic indicators such as reduced employment and increment in national income.

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According to the situational leadership theory, if followers are unable and willing to do a task, then a leader needs to ________. A. follow a supportive style B. engage in participative leadership C. refrain from providing too many inputs D. display high task and relationship orientation E. demonstrate high task and low relationship orientation

Answers

The situational leadership theory asserts that a leader needs to display high task and relationship orientation when the followers are unable and willing to do a task.

What is a situational leadership theory?

This theory of leadership sees that no leadership style is best and rather deployed strategy that are best-suited to the task.

Hence, the theory is one that asserts that a leader needs to display high task and relationship orientation when the followers are unable and willing to do a task.

Therefore, the Option D is correct.

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What is the central problem with relativism

Answers

Answer:

The problem is, is that it centers and emphasizes around a person's differences and not similarities

Explanation:

relativism is all about the similiarities

A local customer service firm requires prospective employees to take an emotional intelligence test that measures their ability to monitor their emotions and others' emotions and use that information to guide their actions. The measure has high predictive validity for exemplary job performance. Which statement is likely true about new hires who score high on this measure

Answers

It is most likely that new hires who score high on the emotional intelligence test b. receive good job evaluations.

What would a high score infer?

A high score on a test that usually predicts how well a person will perform in their job means that there is a good chance that the person being evaluated will be a good employee.

Such an employee would therefore have good job evaluations as these measure how good a job they do at work.

Options for this question include:

a. They receive bad job evaluations.

b. They receive good job evaluations.

c. They will be terminated early.

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A. received a $600 utility bill for electricity usage in july to be paid in august.

b. owed wages to 10 employees who worked three days at $100 each per day at the end of july. the company will pay employees at the end of the first week of august.

c. on july 1, loaned money to an employee who agreed to repay the loan in one year along with $1,200 for one full year of interest. no interest has been recorded yet.

Answers

Salaries and wages expense are $3,000 and interest revenue is $100.

What is an expense?

Expense refers to a cost that occurs while making any activity in the business operations. To calculate the profit earned these expenses are deducted from the income.

Salaries and wages expense=10*3*$100

Salaries and wages expense=$3,000

Interest revenue = $1,200/12=$100

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Which would be a cost driver for a facility-level activity?

Answers

The Square footage would be a cost driver for a facility-level activity.

What is a facility-level activity?

This refers to the actions taken to maintain the general operations of a business which can not be traced to individual products, production cells, product line etc

In production, the Square footage is an example of a cost driver for a facility-level activity.

Therefore, the Option C is correct.

Missing options "Number of setups. Number of product designs. Square footage. Number of purchase orders"

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In an effort to duplicate the stressors involved with working at a large company, researchers go to great effort to ensure that the stressor they use and the laboratory setting they create is similar in all respects (e.g., noise, temperature, room setup) to that of a major multinational corporation. The researchers are attempting to increase:

Answers

The actions of the researchers in trying to recreate large company stressors is known as trying to increase mundane realism.

What is mundane realism?

This is a term in research that compares the experiment's setting to the real-world setting for similarity.

When scientists try to recreate real-world settings as much as they can, t would therefore increase mundane realism.

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What element of a crisis management plan defines the process that should unfold once an issue or crisis is identified

Answers

The decision tree is the element of a crisis management plan.

What is the decision tree?

The component of a crisis management strategy called the Decision Tree outlines the steps that should be taken once a problem or crisis has been discovered.

The Decision Tree also specifies which team members should be involved, when publishing activities should be paused, and who will determine when a crisis is finished and regular social media operations can resume.

These trees are very useful for assessing numerical data and coming to a numerically-based judgment.

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When independent stock transfer agents are not employed and the corporation issues its own stock and maintains stock records, canceled stock certificates should Multiple Choice Not be defaced but be segregated from other stock certificates and retained in a canceled certificates file. Be destroyed to prevent fraudulent reissuance. Be defaced to prevent reissuance and attached to their corresponding stubs. Be defaced and sent to the secretary of state.

Answers

When independent stock transfer agents are not employed and the corporation issues its stock and maintains stock records, canceled stock certificates should C. Be defaced to prevent reissuance and attached to their corresponding stubs.

What are canceled stock certificates?

Canceled stock certificates are those that have been rendered void because of mistakes during their issuance.

To ensure that canceled stock certificates are not fraudulently reissued, they must be defaced and not just segregated from others.

Thus, canceled stock certificates should C. Be defaced to prevent reissuance and attached to their corresponding stubs.

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Many managers make a decision and then fail to act on it. It is critical that top managers ______ the decision and then assign middle managers the responsibility to make follow-up decisions as appropriate to achieve the goal. This responsibility should be met with rewards and sanctions for success and failure, respectively, in implementing the decision.

Answers

In Business Management, tt is critical that top managers implement the decision and then assign middle managers the responsibility to make follow-up decisions as appropriate to achieve the goal.

What is decision-making in business management?

This refers to the art of recognizing actionable steps that are related to the attainment of business objectives, then identifying and act steps that must be taken to actualize them by making and implementing decisions.

It is thus correct to state that implementation is key to decision-making.

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One of the widely acknowledged problems with using the consumer price index as a measure of the cost of living is that the CPI a. accounts only for consumer spending on food, clothing, and energy. b. fails to account for consumer spending on housing. c. fails to account for the introduction of new goods. d. fails to account for the fact that consumers spend larger percentages of their incomes on some goods and smaller percentages of their incomes on other goods.

Answers

A widely acknowledged problem with using the consumer price index as a measure of the cost of living is that it fails to account for the introduction of new goods.

More about consumer price index and its problem-

A more accurate indicator of a nation's standard of living than per capita GDP is the consumer price index or CPI. It is based on the total cost of a fixed basket of goods and services purchased by an average customer in comparison to the cost of the same basket in a base year. The CPI can get a precise assessment of the cost of living by including a wide range of thousands of items and services with the set basket. It's crucial to keep in mind that the CPI is an index number or a percentage change from the base year rather than a monetary value like the GDP.Because CPI is based on a fixed basket of products, the CPI does not provide an entirely accurate measure of the cost of living, despite being a convenient approach to calculate the cost of living and the relative price level over time. The bias against substitution, the introduction of new products, and quality variations are three issues with the CPI that should be mentioned.

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Stock Alpha has a beta of .79 and a reward-to-risk ratio that is less than the reward-to-risk ratio of Stock Omega. Omega has a beta of 1.12. This information implies that: Group of answer choices Alpha is riskier than Omega and both stocks are fairly priced. Alpha is less risky than Omega and both stocks are fairly priced. either Alpha is underpriced or Omega is overpriced or both. either Alpha is overpriced or Omega is underpriced or both. Alpha is less risky than Omega and both stocks are correctly priced.

Answers

The answer should be 1.34

Both companies are fairly priced, and Alpha is a less hazardous investment than Omega. Hence, (B) is the best choice.

What do you know about reward-to-risk ratio?

Traders and investors manage their capital and risk of loss using the risk/reward ratio. The ratio aids in determining a trade's projected return and risk. Generally speaking, the expected return demanded increases with risk. Anything more than 1:3 is often considered an appropriate risk return ratio. The projected returns on a particular investment are weighed against the risk of loss using a mathematical formula known as the risk-reward ratio.

A colon separates the estimated risk from the estimated reward when the risk-reward ratio is generally stated as a number. Typically, the ratio quantifies the link between the money that could be lost if an investment or action fails and the dollars that could be achieved if everything works out.

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George and Betty, a middle-aged couple, have watched their savings account dwindle over the years. They both make good incomes and can't understand why they aren't saving more each month. Below is their financial information to complete an income statement. Gross monthly income: $8,000 Income taxes withheld monthly: $2,300 Monthly interest income from investments: $100 Monthly insurance payments: $700 Monthly housing expenses: $4,500 Monthly food expenses: $800 Miscellaneous expenses: $400 What is George and Betty's net income

Answers

The net income of George and Betty has been calculated to be $600.

What is net income?

This is the term that is used to describe a person's gross income minus all other expenses which are to be accounted for.

In other to solve for the net income, we have to first determine the pay that Betty and George have.

revenue = Gross income + interest income

= 8000 + 100

= 8100

Next we solve for the expenses

taxes withheld + insurance payments + housing + food + miscellaneous

= 2300 + 700 + 4500 + 800 + 400

= 8700

Net income = 8700 - 8100

= $600

Answers

Based on the cost of the computer in terms of electricity, and the amount he paid for it, the percentage of the cost that the electricity made up is 54.898%.

What percentage of the cost did the electricity use?

First find the amount that Seth paid over the two and half years:

= Monthly payment x 2.5 years x 12 months a year

= 55.32 x 2.5 x 12

= $1,659.60

The cost of the computer over 7 years is:

= (0.79 per day x 365 x 7)

= $2,018.45

The percentage that electricity takes is:

= 2,018.45 / (2,018.45 + 1,659.60)

= 54.88%

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Answer: correct answer is D on edge 2020

Explanation: In total, the electricity made up 54.898% of the lifetime cost of the computer thank you best of luck!!

A company's board of directors votes to declare a cash dividend of $1.30 per share of common stock. The company has 26,000 shares authorized, 21,000 issued, and 20,500 shares outstanding. The total amount of the cash dividend is:

Answers

The cumulative cash dividend will be paid out to shareholders in the amount of 26,650 (20,500*1.30).

What do you mean by dividend?

A corporation's payout of profits to its shareholders is known as a dividend. When a business generates a profit or surplus, it is able to distribute a portion of that profit to shareholders in the form of a dividend.

Any remaining funds are seized and reinvested in the company (called retained earnings).

Given :

Authorized shares=26,000

Issued=21,000

Outstanding shares=20,500

Cash divided rate=$1.30

Thus, the total cash dividend will be Shares issued multiplied by the rate of dividend.

=20,500*1.30

=26,650

Hence, the final cash dividend will be 26,650

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The major difference between a low-cost provider strategy and a focused low-cost strategy is the a. amount of outsourcing involved. b. length of the managerial experience curve. c. size of the buyer group to which a company is appealing. d. number of upscale attributes incorporated into the product offering. e. production methods being used to achieve a low-cost competitive advantage.

Answers

The major difference between a low-cost provider strategy and a focused low-cost strategy is the size of the buyer group to which a company is appealing.

What is a strategy?

These are devices company employ to achieve their medium and long term objectives. It is an action that managers embark on so that organization's goals can be achieved.

It is to be noted that strategy, as a plan of action can be middle and long term desired goals.

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When a taxpayer rents a residence for part of the year, the residence is not eligible as a qualified residence for the home mortgage interest expense deduction unless the taxpayer's: Multiple Choice personal use of the home exceeds half of the taxpayer's rental use of the home. personal use of the home exceeds the lesser of 14 days or 10 percent of the taxpayer's rental use of the home. personal use of the home exceeds the greater of 14 days or 10 percent of the taxpayer's rental use of the home. personal use of the home exceeds the taxpayer's rental use of the home.

Answers

When a taxpayer rents a residence for part of the year, the residence is not eligible as a qualified residence for the home mortgage interest expense deduction unless the taxpayer's: personal use of the home exceeds the taxpayer's rental use of the home.

Who is a taxpayer?

A taxpayer is a person or organization subject to pay a tax. Modern taxpayers may have an identification number, a reference number issued by a government to citizens or firms. The term "taxpayer" generally characterizes one who pays taxes.

Therefore, the correct answer is as given above.

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A low-cost leadership strategy becomes competitively powerful when a. buyers of the product or service use the product or service in the same ways. b. the offerings of rival firms are essentially unique, different, and customized to end users. c. price competition among rivals is absent. d. buyers prefer that the products/services of competing sellers have widely varying attributes and prices. e. buyers have high switching costs.

Answers

The strategy of low-cost leadership becomes powerful when the buyers of the product/service use the product/service in the same ways.

What is a low-cost leadership?

This is a pricing term that means that organization are looking for strategy on becoming a leader in providing low-cost products to its customers.

However, the strategy of low-cost leadership becomes competitive powerful when the buyers of the product/service use the product/service in the same ways.

Therefore, the Option A is correct.

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Look at this check register. Calculate the current balance.

Answers

The Current Balance is $33.18.

What is Debit and Credit?

The term Debit and credit are anonymous to each other. Debit refers to the inflow of the money in the account. Credit refers to the outflow of the money from the account in case of the business transactions.

In the question it is given that the balance is $82.92. Therefore in order to calculate the current balance subtract the debit amount and all the deposits.

The amount was $82.92 on 5/1 after the monthly charge was paid.

The $78.24 phone bill from 5/3 was paid, leaving the following balance:-

Balance = 82.92 - 78.24

= $4.68

The paycheck of $125 was deposited on 5/15, leaving the following balance:-

Balance = 4.68 + 125

= $129.68

$40 was taken out of an ATM on 5/17, leaving the following balance:-

Balance = 129.68 - 40

= $89.68

Tennis lessons were paid for in the amount of $56.50 on 5/20 leaving a balance -:

Current balance = $89.68 - $56.50

= $33.18.

Therefore, the current balance is $33.18.

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what do the phrases "put something on the back burner," "stir the pot," and "give birth to a plan" reflect about organizations?

Answers

All of the languages and the phrases based on the way they are used refers to feminine language.

How does these words have to do with feminine?

The words are mostly about the activities that are known to be more associated with women.

Cooking is a chore for women. Also they are the ones that birth babies. Hence the correct answer is feminine language.

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Natural gas Group of answer choices used in automobiles produces more pollutants than gasoline. when burned in automobiles, produces only water and no carbon dioxide or other pollutants. reserves in the United States may last many decades, even with increased demand. consumption in the United States is declining as available resources decline.

Answers

The true statement about Natural gas is that the reserves in the United States may last many decades.

What is a Natural gas?

This refers to an energy source from fossil that is formed deep beneath the earth's surface.

Today, the U.S. produces almost all of the natural gas that it uses.

Therefore, the Option D is correct.