To Determine Whether a Nation Has an "Abundance" of a

question 72

Multiple Choice

To determine whether a nation has an "abundance" of a
Resource, economists look at:

• A)the exports of the nation.
• B)the imports of the nation.
• C)the total quantity of that resource compared with the total quantity of the other resource.
• D)a nation's share of the resource compared with its share of world GDP.

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Definitions:

Constitution

The fundamental principles and established precedents according to which a state or other organization is governed.

Unprotected Speech

Forms of expression that are not safeguarded by the First Amendment to the United States Constitution, including obscenity, defamation, fraud, incitement, fighting words, and threats.

Types

Different categories or varieties of things or people, characterized by distinct qualities or attributes.

Establishment Clause

A part of the First Amendment to the U.S. Constitution that prohibits the government from making any law "respecting an establishment of religion," effectively ensuring a separation of church and state.