The Malthusian theory of population has its greatest applicability today in the ____ nations.
Fill in the blank(s) with the appropriate word(s).
least developed (poorest)
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The economist who recognized that lags in policy can explain the difficulty in conducting monetary policy was
A) Adam Smith. B) John Nash. C) Milton Friedman. D) Joseph Schumpeter.
As a result of an increase in the money supply, the aggregate demand will shift to the left.
a. true b. false
Refer to the short-run information provided in Figure 8.5 below to answer the question(s) that follow. 
Figure 8.5 Refer to Figure 8.5. The total fixed costs for Blackstar Drones are
A. $0. B. $50. C. $150. D. indeterminate from this information.
The educational production function shows the ________ relationship between ________ and ________.
A. positive; student enrollments; tuition B. positive; test scores; teacher quality C. negative; student enrollments; tuition D. negative; test scores; teacher quality