The behavior of market prices over time indicates that natural resources are

Question

a. the major determinant of productivity.
b. not a limit to economic growth.
c. unrelated to economic growth.
d. a limit to economic growth.

Answer 1

The behavior of market prices over time indicates that natural resources are b. not a limit to economic growth.

This choice reflects the idea that advancements in technology, efficiency, and substitutes can mitigate the constraints posed by natural resource availability, allowing for continued economic growth despite the finite nature of some natural resources.