​Match the Term or Concept to the Correct Description

question 66

Short Answer

​Match the term or concept to the correct description.
-​derived from the ancient remains of plants
A)​greenhouse effect
B)​carbon dioxide
C)​global climate change
D)​fossil fuels

• A)​greenhouse effect
• B)​carbon dioxide
• C)​global climate change
• D)​fossil fuels

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Definitions:

Consumer Goods

Items bought by the typical consumer for their own use, encompassing long-lasting items, perishable products, and various services.

Capital Goods

Physical assets that a company uses in the production process to manufacture products and services that consumers will later use.

Opportunity Cost

Giving up possible benefits from other solutions when a single solution is chosen.

Economic Growth

The increase in the inflation-adjusted market value of the goods and services produced by an economy over a period of time.