Economists have found that as a nation's per capita real Gross Domestic Product (GDP) increases
A) the rate of population growth declines.
B) the rate of population growth experiences dramatic increases.
C) there is no effect on population growth.
D) the rate of population growth increases at the same rate as economic growth.
A
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If the marginal social benefit of ice cream curve shifts rightward because people now like ice cream better than before, the marginal social cost curve of ice cream will shift leftward
Indicate whether the statement is true or false
The market demand for a public good can be determined by
A) adding up the total private benefits and external benefits that each quantity provides the citizens of a country. B) adding up how much each consumer is willing to pay for each unit of the public good. C) adding up how much each citizen expects to consume at each possible price. D) estimating the value of the benefit that each unit provides and multiplying that by the number of consumers.
When you borrow stock from a broker and sell it now with plans to buy it back after it drops in price, you are engaging in a
A) margin call B) European option C) American option D) short sale
When a binding price ceiling is imposed on a market to benefit buyers, a. no buyers actually benefit
b. some buyers benefit but no buyers are harmed. c. some buyers benefit and some buyers are harmed. d. all buyers benefit.