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Author Question: Suppose an astronomer discovers gold on the moon. Would this gold add to the world reserves? A) ... (Read 40 times)

anjilletteb

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on: Jul 1, 2018
Suppose an astronomer discovers gold on the moon. Would this gold add to the world reserves?
 
  A) Yes, we know it exists and we could recover it.
  B) No, we know it exists but we can't extract the gold.
  C) No, there are no established property rights over the moon so they cannot add to world reserves.
  D) Yes, but only if the astronomer is the resident of a developed country with well-established property rights.

Question 2

Suppose we know that 10 Spanish Galleons sunk in the Atlantic Ocean carrying approximately 50 tons of gold, but the exact location of these shipwrecks is unknown. Would this gold add to the world reserve?
 
  A) Yes, we know it exists.
  B) No, we know it exists but we can't extract the gold.
  C) Yes, it's only a matter of time before the shipwrecks are discovered.
  D) No, there are no established property rights over the shipwreck so they cannot add to world reserves.
Microeconomics ¦ Perloff ¦ 8th Edition
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amanda_14

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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anjilletteb

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

scottmt

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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