In Response to the Demands of Environmentalists, Large Sections of Timberlands

question 29

Multiple Choice

In response to the demands of environmentalists, large sections of timberlands are put off limits to logging.What effect will this have on the aggregate supply curve?

• A)Shift it outward.
• B)Shift it inward.
• C)Move the economy up along the curve.
• D)Move the economy down along the curve.

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Definitions:

Encoding Failure

is a failure to process and store information into memory, leading to its unavailability for later retrieval.

Interference

A cause of forgetting that occurs because information or associations stored either before or after a given memory hinder the ability to remember it.

Consideration Failure

An oversight or neglect in thoroughly thinking through or regarding all aspects and consequences of a decision or action.

Encoding Failure

The inability to create a memory link because the information was not attended to or analyzed deeply enough.