Future shortages in natural resource markets are not expected to occur widely due to:
A. Reduced hours at work
B. Reduced population growth
C. Higher standards of living
D. Higher per capita consumption
B. Reduced population growth
You might also like to view...
An open economy has ________ included in the GDP
A) unemployment B) net exports C) taxation factors D) salary increases
Land owners with secure and protected property rights are motivated to
(a) use their land productively. (b) maintain their land and its value as long as the land is owned privately and profits are realized by the land owners. (c) not hold their land idle if they face property taxes due to costs imposed by the tax system. (d) link land ownership and personal freedom.
If a pair-wise majority vote was held and the voters' preferences are shown in the table, assuming public parks and the zoo was the first pair to be voted on, which option would win overall?
A. Public transportation
B. Public zoo
C. Public parks
D. Both Public parks and zoo.
The demand for a resource depends largely on the
a. demand for the products that it produces. b. price of the resource. c. supply of the resource. d. cost of producing the resource.