Which Term Refers to a System in Which Nearly All

question 43

Multiple Choice

Which term refers to a system in which nearly all the trees in a stand are harvested in one cutting, but a few uniformly distributed, healthy trees are left to regenerate the stand?

• A)seed-tree cutting
• B)selection cutting
• C)shelter wood cutting
• D)clear-cutting

---

Definitions:

Interest Rate Effect

The impact that changing interest rates have on consumer spending and business investments in an economy, generally influencing economic activity.

Price Level

The mean value of prices for the full range of goods and services in the economy.

Consumption and Investment

Elements of economic activity where consumption represents spending by households on goods and services, while investment refers to spending on capital goods that will be used for future production.

Macroeconomic Equilibrium

A state in which aggregate supply equals aggregate demand in an economy, leading to a stable price level and full employment.