In the Malthusian model, improvements in health care lead to
A) higher population and higher per-capita production.
B) higher population and lower per-capita production.
C) lower population and higher per-capita production.
D) lower population and lower per-capita production.
B
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Indicate whether the statement is true or false
Kim has $24 per week in her entertainment budget. She splits her time between going to the movies and yoga classes. Each movie costs $8 while each yoga class $3. The total utility from each of these activities is set out in the table below. What is Kim's total utility maximizing point?
fig17.PNG A. 2 movies, 2 yoga classes B. 1 movie, 5 yoga classes C. 3 movies, 0 yoga classes D. 0 movies, 8 yoga classes
For economic purposes in the United States, the working-age population does include people:
A. in prison. B. in the military. C. less than 16 years old. D. over the age of 16.
The primary purpose of WTO is to:
a. protect the United States from cheap foreign labor. b. foster trade among nations. c. promote the dumping of foreign products. d. increase worldwide tariffs. e. form a union of European nations.