Rapid population growth
a. was hailed by Thomas Robert Malthus as the key to future economic growth.
b. tends to lead to higher levels of educational attainment.
c. is the main reason that less developed nations are poor.
d. may depress economic prosperity by reducing the amount of capital which each worker has to work with.
d
You might also like to view...
Explain how changes in foreign income can impact real GDP in a country
What will be an ideal response?
A prohibitive tariff has
A) only revenue effects. B) only protective effects. C) both protective and revenue effects. D) neither protective nor revenue effects.
Which of the following lists the three types of firms in the United States from smallest to largest in terms of volume of sales?
a. partnerships, sole proprietorships, corporations b. sole proprietorships, partnerships, corporations c. sole proprietorships, corporations, partnerships d. corporations, partnerships, sole proprietorships e. partnerships, corporations, sole proprietorships
Which of the following changes will occur to the market for movie tickets when the cost of electricity to operate the air conditioner rises dramatically.
A . The supply curve will shift out, causing the price to increase and the quantity to decrease. B. The supply curve will shift out, causing the price to decrease and the quantity to increase. C. The supply curve will shift in (up and back), causing the price to decrease and the quantity to increase. D. The supply curve will shift in (up and back), causing the price to increase and the quantity to decrease.