Predictions That Natural Resources Such as Oil Will Be Essentially

question 123

Multiple Choice

Predictions that natural resources such as oil will be essentially used up in the next few decades have

• A) been frequently made for the past century, but have always proven to be false.
• B) usually been based on the quantity of proved reserves.
• C) ignored the role of price in governing the quantities demanded and supplied.
• D) All of the above.

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