Businesses typically issue bonds to finance
A) their inventories.
B) payments to their workers.
C) spending on new plant and equipment.
D) dividend payments to their stockholders.
C
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Refer to the table above. Is the United States a debtor or a creditor nation in 2019?
A) a debtor nation B) neither a creditor nor debtor nation C) a creditor nation D) both a creditor nation and a debtor nation E) More information is needed to determine if the United States is a debtor or creditor nation.
Why is the rate of deforestation frequently higher than would be socially optimal?
a. Forests generate benefits, such as oxygen production and erosion control, that go to those who harvest the trees. b. The increased demand for fossil fuels to replace biofuels is major driver of deforestation. c. Deforestation generates costs, such as soil erosion and reduced production of atmospheric oxygen, that are entirely borne by those who harvest the trees. d. Population pressure coupled with a lack of incentives to conserve open-access resources results in deforestation.