In fisheries management, a fishery is defined as:

A. an operation that breeds and releases fish and other marine animals into the wild.
B. a stock of fish or other marine animals that can be thought of as a logically distinct group.
C. a company that harvests fish or other marine animals.
D. a government organization that regulates the harvesting of fish and other marine animals.


Answer: B

Economics

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Two countries, Rhodia and Rubium, have identical production functions of the form:

Y = A × K0.25 × H0.75 Both countries have the same amount of capital stock and use the same technology. However, the total efficiency units of labor available in Rhodia is higher than that in Rubium. Which of the following is likely to be true in this case? A) The poverty rate in Rhodia is likely to be higher than that in Rubium. B) The gross domestic product of Rhodia is higher than that in Rubium. C) The gross domestic product of Rubium is higher than that in Rhodia. D) The Human Development Index of Rhodia is lower than that of Rubium.

Economics

What is the percentage of income received by the upper two quintiles on line K?

Economics

When the GDP is measured using "adjustments for price changes" it is known as the:

A. real GDP. B. nominal GDP. C. real GNP. D. nominal GNP.

Economics

Which of the following is NOT a way in which power was divided up in the Federal Reserve System?

A) between bankers and business interests B) among states and regions C) between importers and exporters D) between government and the private sector

Economics