Which of the following is considered a nonrenewable natural resource?
A. Solar power.
B. Coal.
C. Oceans.
D. Aquifers.
Answer: B
Economics
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Which of the following most accurately describes what occurs during a time of inflation?
A) People must work longer to live as well. B) Prices rise faster than incomes. C) The average standard of living declines. D) The cost of living increases. E) The purchasing power of money falls.
Economics
The amount of time required before a project's total inflows match its total outflows is the:
A. break-even period. B. payback period. C. duration. D. yield to maturity.
Economics