It Is Generally Easier to Prevent Deforestation Than Fishery Collapse

question 44

Multiple Choice

It is generally easier to prevent deforestation than fishery collapse because

• A) it is easier to establish and enforce property rights on national lands than in international waters.
• B) there is greater incentive to have sustainable forests than sustainable fisheries.
• C) the demand for wood products has dropped significantly, while the demand for fish has grown significantly.
• D) All of the other possible answers are correct.

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Definitions:

Federal Home Loan Bank Board

A now-defunct U.S. government agency that oversaw the Federal Home Loan Banks, which were created to support home mortgage lending and community investment.

Required Reserve Ratio

The fraction of deposits that banks are required to hold in reserve and not lend out, as dictated by central banking authorities.

Excess Reserves

These are bank reserves held in excess of what is required by regulations, which can be lent out to generate income.

New Loans

Financial amounts borrowed by individuals, businesses, or governments, typically from banks or financial institutions, that have not previously existed in the market.