When Natural Resources Are Not Traded, or Where Markets Are

question 83

Multiple Choice

When natural resources are not traded, or where markets are not allowed to function as well as they can under a system of well-defined property rights, the problems of ____ and ____ are common.

• A) higher taxes; increased regulation
• B) waste; scarcity
• C) inflation; unemployment
• D) slow growth; fluctuating currency values

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Definitions:

DNA Testing Protocol

A set of standardized procedures used to analyze genetic material in a sample to identify characteristics or diseases.

Dadaab Refugee Camp

A complex of refugee camps located in Kenya, established to house individuals who have fled wars and drought from neighboring countries.

Variable Force

A force that changes in magnitude and/or direction over time.

Adaptation

A process by which organisms become better suited to their environment to survive and reproduce.