Economists Are Optimistic That Growth Can Continue in the Face

question 232

Multiple Choice

Economists are optimistic that growth can continue in the face of resource scarcity because:

• A) the oil industry vastly understates the level of oil reserves.
• B) prices of scarce resources fall and provide incentives to use more of those resources.
• C) prices of scarce resources rise and provide incentives to find alternative energy sources.
• D) resource scarcity no longer limits economic growth.

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Definitions:

Basal Metabolic Rate

The minimum rate of energy expenditure per unit time by endothermic animals at rest, essential for maintaining basic bodily functions.

Specific Body Weight

The particular weight that an individual's body tends to maintain, influenced by genetic, metabolic, and environmental factors.

Ghrelin

A hormone produced mainly by the stomach that stimulates appetite and signals the brain to increase food intake.

Leptin

A hormone involved in regulating energy balance by inhibiting hunger, thereby regulating fat storage in the body.