Which Statement Goes Against What Economists Generally Believe

question 46

Multiple Choice

Which statement goes against what economists generally believe? 

• A) resources are infinite in supply 
• B) unlimited economic growth is possible and desirable 
• C) the goal is to stay within the carrying capacity of the environment 
• D) the world has an essentially infinite capacity to absorb, dilute, or degrade wastes

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Definitions:

Oversubscription Option

A clause in an offering agreement that allows the issuer to sell more shares than originally planned if the demand exceeds expectations.

Refunds a Debt Issue

The process where an issuer returns investors' capital for a debt instrument before its maturity, often relating to a callable bond or similar financial product.

Call Provision

A clause in a bond's contract that allows the issuer to redeem the bond before its maturity date, typically at a predetermined price.

Bondholders

Individuals or entities that own bonds issued by corporations or governments, entitling them to receive the bond's face value at maturity and periodic interest payments.