________ believed that to increase agricultural output, people would be forced to farm land more intensively, in which case the returns to successive increases in population would diminish.
A. Thomas Malthus and David Ricardo
B. John Maynard Keynes and Milton Friedman
C. Arthur Okun and Arthur Laffer
D. Adam Smith and John Baptiste Say
Answer: A
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When the government implements programs such as progressive income tax rates, which of the following is likely to occur?
a. equality is increased and efficiency is increased. b. equality is increased and efficiency is decreased. c. equality is decreased and efficiency is increased. d. equality is decreased and efficiency is decreased.
COLA stands for:
A. cost-of-living aggregate. B. capital operations leasing adjustment. C. capital operations leasing agreement. D. cost-of-living adjustment.
Which of the following is evidence of a surplus of bananas?
A) Firms raise the price of bananas. B) The price of bananas is lowered in order to increase sales. C) The equilibrium price of bananas rises due to an increase in demand. D) The quantity of bananas demanded is greater than the quantity supplied.
Explain how Singapore delivers good quality health care with significantly less spending than the United States
What will be an ideal response?