Gon december 1, miser corporation exchanged 6,000 shares of its $25 par value common stock held in treasury for a parcel of land to be held for a future plant site. the treasury shares were acquired by miser at a cost of $40 per share, and on the exchange date the common shares of miser had a fair value of $50 per share. miser received $18,000 for selling scrap when an existing building on the property was removed from the site. based on these facts, the land should be capitalized at

Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.