Question

question # 10
multiple choice
based on the following, what action by the government might do the most to strengthen our economy?
new batteries are needed to power our electronic devices - our cell phones, tablets, and computers - and that market is exploding. researchers are developing lithium - ion batteries that will be vital to clean - energy and automobile manufacturing and could open up huge new markets. currently, the domestic production accounts for about 12 percent of the worlds production. the country has a domestic supply of raw materials, but production is limited and prices remain high compared to imported batteries.
the government could purchase domestic batteries exclusively.
the government could invest in technology and research.
the government could ban imported batteries.
the government could impose heavy tariffs on all imported batteries.

Explanation:

Investing in technology and research can improve domestic production capabilities, reduce costs, and increase competitiveness in the long - run, which is beneficial for the overall economy. Purchasing domestic batteries exclusively may not solve production and cost issues. Banning or imposing high tariffs on imported batteries may lead to shortages and price hikes in the short - term and may also trigger trade disputes.

Answer:

The government could invest in technology and research.