Natural Resources

question 76

Multiple Choice

Natural resources:

• A)include bodies of water,trees,oil reserves,and minerals.
• B)are not scarce.
• C)are exhaustible as long as they are managed properly.
• D)are the result of human effort.
• E)are machines used in the production process.

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Definitions:

Stock Warrants

Financial instruments that give the holder the right to purchase a company's stock at a specific price before a certain date.

Nonmonetary Exchange

A transaction in which businesses or individuals trade goods or services without the use of money.

Common Stock

A form of corporate equity ownership, representing a claim on a portion of a company's profits and a right to vote on management issues.

Stock Split

An action a company takes to divide its existing stock into multiple shares to boost the liquidity of the shares.