Consider the following simplified sequence of exchanges. A logger sells an oak tree to a sawmill owner for 60. The sawmill mills it, and sells the boards to a woodworker for 80.
The woodworker makes an oak bookcase out of the boards, and sells it to a retailer for 300. The retailer then sells you the bookcase for 500. As a result, GDP increases by A) 200.
B) 300.
C) 440.
D) 500.
E) 940.
Question 2
Roughly what was the change in Columbia's per capita GDP between 1960 and 2011?
A) 25
B) 90
C) 150
D) 185
Leopard in a tree in the Serengeti, Tanzania
Blunt headed tree snakes
One of the simplified dioramas used by Borke (1975).
These tree-sitters are being forcibly removed. They were protesting the environmental damage that ...
Catalysis by the intervening sequence in Tetrahymena preribosomal RNA
Annotation of a DNA sequence containing part of the human beta-globin gene