It is in the long-run economic interest of the world to preserve rainforests, but it is not in the short-run economic interest of the inhabitants of the countries involved to do so

According to Douglass North (1981, 1993), to knowledgeably understand our present economy or to strategically speculate about its future, it is important to "explain the structure and performance of economies through time."

Indicate whether the statement is true or false

Indifference curves that are closest to the origin are preferable to ones that are farther from the origin

a. True b. False Indicate whether the statement is true or false