Refer to the Figure

question 11

Multiple Choice

Refer to the figure.
The RNE (relative neighbor effect) measures growth of a target plant species in the presence and absence of neighboring species. The figure shows graphs of the RNE at eleven sites around the world. RNE was measured at high and at low elevations at each site. RNE values above zero (blue) indicate that neighboring plants increased the growth of target species; RNE values below zero (red) indicate that neighbors decreased target species growth.
-This study showed that the presence of neighboring plants most often benefited the target plants at

• A) high-elevation sites.
• B) low-elevation sites.
• C) sites in North America only.
• D) sites in Europe only.

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Definitions:

Nominal Interest Rate

The interest rate as usually reported without a correction for the effects of inflation.

Real Interest Rate

The nominal interest rate adjusted for inflation, reflecting the true cost of borrowing or the true yield on an investment.

Inflation

The rate of growth in the average price of goods and services, which leads to a decline in the power of currency to buy goods.

Money-Supply Curve

A graphical representation showing the relationship between the quantity of money in the economy and the price level or interest rate.