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​When the Term Faustian Bargain Is Appliedin the Text's Discussion

Question 51

Multiple Choice

​When the term Faustian bargain is appliedin the text's discussion of the oil and natural gas industries,it refers to the idea that _____.


A) the price of oil in a technical, short-term sense is low, but the price in a broad, difficult-to-define, long-term environmental sense is high
B) ​the state must make tradeoffs between the oil industry and the natural gas industry
C) the state must plan to transition to other industries as it runs out of oil and natural gas
D) ​the state's tax structure overrelies on taxes from the oil and natural gas industries
E) all of these

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