In the Malthusian model, state-mandated population control policies are likely to
A) decrease the equilibrium size of the population and increase the equilibrium level of consumption per worker.
B) decrease the equilibrium size of the population and have no effect on the equilibrium level of consumption per worker.
C) have no effect on the equilibrium size of the population and increase the equilibrium level of consumption per worker.
D) have no effect on either the equilibrium size of the population or the equilibrium level of consumption per worker.
A
You might also like to view...
The demand for automobiles fell when gasoline prices increased. Which of the following is likely to happen in this case, assuming all else equal?
A) The labor demand curve of automobile companies will shift to the left. B) The labor demand curve of automobile companies will shift to the right. C) The supply of labor to the automobile industry will decrease. D) The supply of labor to the automobile industry will increase.
In the United States, the minimum wage is defined as
A) the wage that the youngest job entrant into the job market makes. B) the lowest wage that a corporation should pay a worker if the corporation wants to ensure that its employees are well trained. C) the lowest hourly wage rate a firm may legally pay its workers, as legislated by the U.S. government. D) the wage ceiling above which a firm no longer must pay its employees additional benefits.
Union shops are subject to potential competition
A. Since striking union members may be ordered back to work by the president. B. From replacement or substitute workers. C. Since most union members do not take strikes seriously. D. Because some union shop workers refuse to join the union.
In modern free enterprise economies, which of the following is not an economic role of government?
A. stabilization of national income, employment, and the price level B. altering the allocation of resources to provide for public demands efficiently C. providing a reasonably certain legal, social, and business environment for stable economic growth D. planning the production and distribution of most economic goods