To which of the following entities does the AMT apply?
Definitions:
Natural Resources
Raw materials and components found in nature that can be used to produce goods and provide services, such as water, forests, and minerals.
Scarcer Over Time
indicates that a resource or good is becoming less available or more difficult to obtain as time progresses.
Saving Rate
The proportion of income that is not spent, but instead saved by individuals, households or the nation as a whole.
Productivity
measures the efficiency of production in terms of the amount of output generated per unit of input, such as labor or capital.
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