Investment is a positive function of the national income level
Indicate whether the statement is true or false
F
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The largest part of what the United States produces today is ________ such as ________
A) goods; food and electronic equipment B) goods; education and entertainment C) services; trade and health care D) services; textbooks and computers
In the nearly 200 years since Malthus wrote An Essay on the Principle of Population, what has happened to population growth rates as nations have become increasingly industrialized?
a. they have generally increased b. they have averaged zero c. they have generally fallen d. they have done exactly as Malthus forecast, outstripping the production of output
When producers produce more consumer goods than consumers are prepared to buy, the remaining consumer goods allow intended investment to increase, increasing national income
Indicate whether the statement is true or false
Today, __________ leads the world with more than 800 million cell phone users.
A. the United States B. China C. Japan D. Canada