Answer:
The correct answer is: overstate
Explanation:
The substitution bias in economic index numbers appears when the possibility of a consumer to change the consumption of a good - that has become more expensive relative to others - for a cheaper one, is ignored. Thus, looking at the CPI (Consumer Price Index), as an indicator of how much the consumer cost of living has raised over time, without eliminating the substitution bias, can over-estimate this inflation effect.
Answer:
The answer is: <u>calcite</u>
Explanation:
Caliche is a natural hardened cement, which is composed of calcium carbonate. It is a layer of soil which binds the other soil materials like sand, gravel, silt and clay together.
Caliche is naturally formed in desert soil after rainstorms. During precipitation, the calcium dissolved in rain water is added to the desert soil, which then combines with the dissolved carbon dioxide in the soil water to form insoluble calcium carbonate, known as calcite.
Answer: He was referring to the production technologies i.e. the methods employed to extract, produce and utilize resources were man-made and far from naturally ideal.
Explanation: Barry Commoner was an American cellular biologist, professor and politician. He was a leading ecologist and among the founders of the modern environmental awareness movements.
The above excerpt is from his book, The Closing Circle published in 1971, where Commoner exposed the role of capitalism and profit as root causes of environmental degradation, at a time when majority of writers were blaming individual behaviour or overpopulation for pollution.
