A nonrenewable resource:
A. can be replenished naturally over time.
B. is used to regenerate an old piece of capital.
C. is a production input that comes from the earth.
D. All of these statements are true.
Answer: C
Economics
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What are the differences between the federal debt, the budget deficit, and the primary budget deficit?
What will be an ideal response?
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In a competitive labor market, if the demand for labor increases, labor demand will shift to the:
A. right and wages will increase. B. left and wages will increase. C. right and wages will decrease. D. left and wages will decrease.
Economics