Higher Prices for Natural Resources Are

question 550

Multiple Choice

Higher prices for natural resources are

• A) a natural and inevitable result of resource depletion.
• B) not possible for more than a short time, as technological advances clearly guarantee falling resource prices.
• C) not the story of the last two centuries, because resource prices have decline through most of this period.
• D) the major cause of resource shortages in the world.

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Definitions:

Quick Ratio

A financial metric that measures a company’s ability to meet its short-term obligations with its most liquid assets.

Marketable Securities

These are liquid financial instruments that can be quickly converted into cash at a reasonable price, such as stocks or bonds.

Current Ratio

It's a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year.

Quick Ratio

A financial metric that assesses a company's ability to meet its short-term obligations using its most liquid assets, excluding inventory.