Sustainable development implies that succeeding generations preserve the value of
a. natural capital
b. physical investment
c. all natural resources
d. human capital
e. none of the above
A
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If a nation's real GDP increases from 100 billion to 106 billion and its population jumps from 200 million to 212 million, its real GDP per capita will
A. fall by 6%. B. remain constant. C. fall by 12%. D. rise by 6%.
The marginal propensity to save is
A) real consumption/real disposable income. B) change in real saving/change in real disposable income. C) change in real consumption/change in real disposable income. D) real saving/real disposable income.
Which are the two ways in which people can help charitable causes?
What will be an ideal response?
How would a firm determine its optimal method of production?
What will be an ideal response?