Fossil fuels are considered:

A. a renewable resource.
B. a nonrenewable resource.
C. physical capital.
D. technology.

B. a nonrenewable resource.

Economics

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Water is considered a necessity. So, is the demand for water elastic or inelastic?

What will be an ideal response?

Economics

In 2011, the poverty line for a family of four was about:

A. $15,508 B. $30,453 C. $22,891 D. $38,754

Economics