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    Economics Principles and Policy Study Set 1
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    Exam 16: Externalities, the Environment, and Natural Resources
  5. Question
    Forecasts of an Inevitable Exhaustion of Essential Natural Resources Are
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Forecasts of an Inevitable Exhaustion of Essential Natural Resources Are

Question 160

Question 160

Multiple Choice

Forecasts of an inevitable exhaustion of essential natural resources are "simply beside the point" because higher prices


A) reduce quantity demanded.
B) stimulate supply.
C) stimulate alternative technology.
D) All of the above are true.

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