Which Evidence Is Likely to Form the Basis of an Economist's

question 80

Multiple Choice

Which evidence is likely to form the basis of an economist's opinion? 

• A) The human population is growing exponentially. 
• B) Consensus science suggests that potential global climate change, deforestation, and species loss should be taken as serious problems. 
• C) The rate of crop yield increases is declining. 
• D) People are our most important resource.

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Definitions:

Consolidated Balance Sheet

A statement of the combined assets, liabilities, and shareholders' equity of a parent company and its subsidiaries.

Equity Method

A method of accounting for an investment, in which the investment is initially recognized at cost and adjusted thereafter for the post-acquisition change in the investor's share of net assets of the investee.

Investment Revenue

Income generated from investments, such as interest, dividends, and capital gains.

Consolidated Balance Sheet

A financial statement that shows the combined financial position of a parent company and its subsidiaries, presenting the total assets, liabilities, and equity of the entire group.