One of the Serious Concerns in Using Genetically Engineered Food

question 97

Multiple Choice

One of the serious concerns in using genetically engineered food and organisms is that:

• A)we cannot predict the exact environmental consequences
• B)we can predict only the positive environmental consequences
• C)genetic manipulation will be too popular to keep up with demand
• D)b and c
• E)a and c

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Definitions:

Say's Law

A principle that asserts supply creates its own demand, suggesting that producing goods and services generates the means and willingness to purchase other goods and services.

Economy Produces

Refers to the total output of goods and services generated by an economy within a specific period.

Real Balance Effect

The influence a change in household purchasing power has on the quantity of real GDP that consumers are willing to buy.

Depression

A severe and prolonged downturn in economic activity, characterized by significant declines in GDP, high unemployment, and deflation.