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Questions and Answers
Which of the following is the reward for the services of capital?
Which of the following is the reward for the services of capital?
- Rent
- Wage
- Profit
- Interest (correct)
What is the primary difference between renewable and non-renewable resources?
What is the primary difference between renewable and non-renewable resources?
- Renewable resources can be replenished, while non-renewable resources cannot (correct)
- Renewable resources are man-made, while non-renewable resources are natural
- Renewable resources are limited in supply, while non-renewable resources are unlimited
- Renewable resources are found above ground, while non-renewable resources are found underground
Which of the following is an example of a non-renewable resource?
Which of the following is an example of a non-renewable resource?
- Geothermal pressure
- Wind energy
- Soil
- Coal (correct)
What does the term conserve mean in the context of natural resources?
What does the term conserve mean in the context of natural resources?
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Which of the following is an example of pollution that can harm natural resources?
Which of the following is an example of pollution that can harm natural resources?
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Which type of resource has zero price?
Which type of resource has zero price?
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Which of the following is NOT considered an economic resource?
Which of the following is NOT considered an economic resource?
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Which type of resource is always scarce and has a non-zero price?
Which type of resource is always scarce and has a non-zero price?
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Which of the following is NOT one of the four broad categories of economic resources?
Which of the following is NOT one of the four broad categories of economic resources?
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Which of the following is a characteristic of free resources?
Which of the following is a characteristic of free resources?
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