Based on Historical Data on the Prices of Natural Resources

question 176

Multiple Choice

Based on historical data on the prices of natural resources, which statement best describes how natural resources limit economic growth?

• A) Prices have been increasing, which shows that natural resources become scarcer and this impedes growth.
• B) Prices of natural resources have been fluctuating, which shows that there is no correlation between growth and natural resources.
• C) Prices of natural resources have been decreasing in constant dollars, which shows that natural resources are not scarcer than they were in the past, thus economic growth is not limited by natural resources.
• D) Prices do not show whether resources limit growth because the natural resources that economies use are not the same today as those in the past.

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Definitions:

Managerial Activity

Involves the planning, organizing, leading, and controlling of organizational resources to achieve objectives efficiently and effectively.

Workplace Stressor

Any aspect of the work environment that poses a challenge or threat to an employee's well-being, potentially leading to stress.

Absenteeism

The habitual non-presence of an employee at their job, which can be a sign of poor morale or unsatisfactory work conditions.

Canadian Employees

Individuals working in Canada, contributing to the country's labor force and economy.