Pocket Gophers Change the Nitrogen Cycle in Prairies Because They

question 27

Multiple Choice

Pocket gophers change the nitrogen cycle in prairies because they

• A) excavate nitrogen-rich subsoil to the surface.
• B) selectively remove nitrogen-fixing legumes from plant communities.
• C) bury nitrogen-rich organic material in their burrows.
• D) cultivate nitrogen-fixing bacteria in burrow chambers.
• E) excavate nitrogen-poor subsoil to the surface.

Differentiate between the effects of inflation on different economic agents (borrowers, lenders, workers, etc.).

Understand the impact of aggregate demand and supply shifts on price levels and inflation.

Identify the limitations of employment and inflation statistics.

Understand the role and change in monetary value over time due to inflation.

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Definitions:

Price Floors

A government- or group-imposed minimum price set above the equilibrium price, preventing market prices from dropping below it.

Profits

The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Total U.S. Income

The aggregate pre-tax income earned by individuals and entities within the United States in a given period.

Land Rent

Payment made for the use of land, reflecting its productivity, location, and value form a part of real estate economics.