Which of the Following Statements About Our Global Food Supply

question 17

Multiple Choice

Which of the following statements about our global food supply is true?

• A)New developments in organic farming and genetically modified crops are expected to relieve our current deficit in global food supply.
• B)We currently have a deficit in our global food supply,and the deficit is expected to worsen over the next 40 years.
• C)The surplus in our global food supply is expected to provide us with a "cushion" as our global population increases to 9 billion people by the middle of the 21st century.
• D)To avoid a deficit in our global food supply,food production will have to increase faster over the next 40 years than it has over the past 40 years.

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Definitions:

Operating Expenses

Expenses incurred in the normal operations of a business, including costs such as rent, salaries, and utilities, but not including cost of goods sold.

Operating Revenues

Income generated from a company's primary business activities, excluding income from investments or secondary operations.

Interest Expense

The financial liability incurred from borrowing funds that an entity faces over a predetermined period.

Dividend Payments

Payments made to shareholders out of a corporation's earnings reflecting their share in the ownership.