The 1968 prediction of Paul Ehrlich proved to be wrong because population growth:
A. Slowed dramatically as standards of living decreased
B. Slowed dramatically as standards of living increased
C. Rose dramatically as standards of living decreased
D. Rose dramatically as standards of living increased
B. Slowed dramatically as standards of living increased
You might also like to view...
On any given day, a salesman can earn $0 with a 30% probability, $100 with a 20% probability, or $300 with a 50% probability. His expected earnings equal
A) $0. B) $100. C) $150. D) $170.
An example of fiscal policy would be government:
A. increasing the amount of available educational grants. B. decreasing the income tax. C. increasing corporate income taxes. D. increasing money supply.
Options are less than perfect as instruments to induce better performance because:
a. they are most often backdated. b. they are independent of market volatility. c. more than 90 percent of options expire worthless. d. executives often take risky decisions to raise the value of their options.
A decrease in long-run average costs resulting from increases in output is
A. attributed to the law of diminishing marginal product. B. attributed to constant returns to scale. C. attributed to economies of scale. D. attributed to diseconomies to scale.