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kogti [31]
3 years ago
7

"A leading environmental group recently published a report contending that humans are running a "resource deficit" because we ar

e using natural resources faster than they can be regenerated. The group claims that this means that economic growth will eventually stop, and will even be reversed. An economist would":
a. agree with the report, and would point to rising natural resource prices as evidence.
b. agree with the report, but wouldn't think it was important because growth will not slow down for several centuries.
c. disagree with the report, in part because it ignores the mitigating effects of technological change.
d. disagree with the report because labor and capital are the primary determinants of growth, and since they are plentiful, growth will not slow down.
Business
1 answer:
adelina 88 [10]3 years ago
4 0

Answer:

c. disagree with the report, in part because it ignores the mitigating effects of technological change.

Explanation:

  • As the human is making use of most of the earth available resources they are running towards deficits as no country has self-sufficiency in terms of the land, labor and capital and natural resources and they are getting depleted at a much faster rate than could be generated.
  • Thereby resulting to rise in inflation and decline in the economic productivity growth while some of the economists disagree with the report ignores the impacts of  technologies.
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<h3>What distinguishes the International System?</h3>

The existing global system is marked by a diffusion of authority among various state and non-state actors, a change in the balance of regional and international powers, a relative waning of long-established Western nations and the emergence of new centers of power, growing significance of regional cooperation, and a return to the Cold War-era power structures.

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1 year ago
Which of the following situations represents commodity-backed money? Choose one:
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Answer: A. Dollars are printed on paper and have value because the government says they have value.

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3 years ago
In the past, the policy-making relationship between states and the federal government was called ______, since there was clear s
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In the past, the policy-making relationship between states and the federal government was called Dual federalism, since there was a clear separation of policy responsibility between the two levels.

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Even the House and Senate are examples of dual federalism. Both houses may be involved in approving federal laws that affect different states and require state involvement, but issues can only be passed through the senator's desk or state senators. representative.

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Manhattan Developers, Inc., pays Northeast Trust Company to release its claim to a strip of waterfront property. Northeast gives
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"Manhattan Developers, Inc., pays Northeast Trust Company to release its claim to a strip..." this is a quitclaim deed. This is further explained below.

<h3>What is a deed?</h3>

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2 years ago
A homeowner paid $85,000 for a house three years ago. The house sells today for $110,000. How much has the property appreciated?
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Answer:

Option (a) is correct.

Explanation:

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Selling price of house today = $110,000

Therefore,

Property appreciated by following percentage:

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