In Egypt, in 1970, the Aswan Dam Was Completed

question 206

Multiple Choice

In Egypt, in 1970, the Aswan Dam was completed.By preventing the annual flood of the Nile (thereby providing millions of acres of arable land) and by providing electricity, the dam was expected to raise the living standard of the Egyptian people-and it has.However, it has also led to a rise in the water table, which causes Egypt's limestone structures, including the pyramids, to absorb more salt water and to suffer serious erosion from crystallized salts.Combined with air pollution and traffic vibration, this erosion is turning the pyramids to dust.Economists analyze this type of problem with the concept of

• A)an externality.
• B)the antiquity problem.
• C)a free-rider problem.
• D)the public good problem.
• E)the trade-off between equity and output.

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Definitions:

Spreadsheet

A digital worksheet that organizes data in rows and columns, often used for calculations, data analysis, and information storage.

Statement Of Cash Flows

A financial report that shows how changes in balance sheet accounts and income affect cash and cash equivalents, breaking the analysis down to operating, investing, and financing activities.

Investing Activities

Transactions involving the acquisition or disposal of long-term assets and investments, reflected in a company's cash flow statement.

Financing Activities

This category in cash flow statements includes transactions related to raising capital and repaying investors, such as issuing stock or paying dividends.