Which of the following is an example of a nonrenewable resource?

The use of surveys of experts to estimate long-run production costs may be undermined by the fact that:

A) it is a time-consuming process. B) it is dependent on the judgments of individuals closely connected with the industry. C) reporting biases can occur. D) all of the above.

An asset is liquid if it

A) is of intrinsic value. B) can be exchanged for other goods and services. C) is a store of value. D) can be obtained or disposed of without losing much of its nominal value.