Economists have found that as a nation's per capita real Gross Domestic Product (GDP) increases
A. the rate of population growth increases at the same rate as economic growth.
B. there is no effect on population growth.
C. the rate of population growth declines.
D. the rate of population growth experiences dramatic increases.
Answer: C
You might also like to view...
The marginal productivity theory is irrelevant to organizing production in a socialist society.
Answer the following statement true (T) or false (F)
The efficiency-wage theory of worker health is more relevant for less developed countries than rich countries
a. True b. False Indicate whether the statement is true or false
The effective rate of protection measures
A) the "true" ad valorem value of a tariff. B) the quota equivalent value of a tariff. C) the efficiency with which the tariff is collected at the customhouse. D) the protection given by the tariff to domestic value added. E) the difference between domestic and foreign prices of the import.
If MC = Q/15 represents marginal cost for a monopolist and market demand is given by Qd = 500 - 10P, the monopolist maximizes profit by producing:
A. 500 units of output. B. 187.5 units of output. C. 250 units of output. D. 300 units of output.