Foreign individuals and institutions held about what percentage of the public debt in 2015?

Which of the following statements is true with respect to renewable natural resources?

a. There are infinite quantities of renewable resources. b. Proper management can only protect, not increase, the supply. c. Conservation and proper use can protect and even increase the supply of renewable resources. d. They cannot be completely destroyed since they can always regenerate. e. They cannot exist since this would violate the scarcity principle.

The equilibrium price under an import quota is below the price that occurs with free trade.

Answer the following statement true (T) or false (F)