Under a system of private property, could a 60-year-old owner of a tree farm benefit by planting and caring for
a. No, the farmer will be dead before the crop will be ready for harvest.
b. No, the value of the farmer's land will decline since he is taking it out of production for the next 50 years.
c. Yes, the farmer will benefit because this action will increase the value of the land if and when the farmer decides to sell.
d. Yes, but only if the project is subsidized by the government or private conservation groups.
c. Yes, the farmer will benefit because this action will increase the value of the land if and when the farmer decides to sell.
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When inflation begins to rise, people can prevent their wealth from deteriorating by doing all of the following except
A) holding more cash. B) converting their cash into foreign currencies. C) spending their cash on goods and services. D) investing in financial instruments such as stocks or precious metals.
Point out the relevance of the Bayes' theorem
Semen consists of
A. sperm B. alkaline fluid C. fructose D. all of the above
Suppose the equilibrium quantity of ethanol has decreased. Which of the following could have caused this change?
A) a decrease in demand B) an increase in supply C) an increase in quantity demanded D) an increase in quantity supplied