To Determine Whether a Nation Has an "Abundance" of a Resource

question 2

Multiple Choice

To determine whether a nation has an "abundance" of a resource, economists look at:

• A) the exports of the nation.
• B) the imports of the nation.
• C) the total quantity of that resource compared with the total quantity of the other resource.
• D) a nation's share of the resource compared with its share of world GDP.

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Definitions:

Spiritual Self

A person’s moral center.

Self-Concept

A person’s image of him- or herself.

Individualistic Culture

A culture that emphasizes the rights and freedoms of the individual over the needs and demands of the group.

Cooperative

Pertaining to a willingness or tendency to work together towards a common goal or benefit.