Under the U.S. General Mining Act of 1872
a. Corporations must pay high royalties for mineral exploitation rights
b. All mineral reserves belong to the U.S. Government
c. Mineral resource conservation is encouraged
d. Royalties for mineral exploitation rights are very low
e. Taxes are imposed on the use of primary resources
Answer: d. Royalties for mineral exploitation rights are very low
You might also like to view...
If a decrease in price increases total revenue, what can you determine about the elasticity of demand for the good?
What will be an ideal response?
Which of these forms of financing is generally not employed by very large firms?
A) commercial paper B) medium-term notes C) public debt D) mezzanine funds
The standard deviation of the error terms in an estimated regression equation is known as:
a. coefficient of determination b. correlation coefficient c. Durbin-Watson statistic d. standard error of the estimate e. none of the above
The marginal utilities associated with the first 5 units of consumption of good Y are 15, 15, 10, 7, and 3, respectively. What is the total utility associated with those 5 units?
a. 5. b. ?12. c. 12. d. 35. e. 50.