Which one of the following statements best describes the future of global freshwater supplies?
a. Water shortages are likely to become less frequent in both developed and developing countries
b. Water shortages are likely to become less frequent in developing countries but more frequent in developed countries
c. Water shortages are likely to continue at present rates in both developing and developed countries
d. Water shortages are likely to increase, mainly in developed countries
e. Water shortages are likely to increase, mainly in developing countries
Ans: e. Water shortages are likely to increase, mainly in developing countries
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If the pound-dollar exchange rate changes from £0.60 per dollar to £0.65 per dollar, then the pound has ________ against the dollar and the dollar has ________ against the pound
A) depreciated; depreciated B) appreciated; depreciated C) appreciated; appreciated D) depreciated; appreciated
All these factors would shift the supply curve of tobacco, except
a. Bad weather b. Change in the price of tobacco c. Changes in the wages of agricultural workers d. A tax charged on the production of tobacco