The traditional view regarding population and growth in DVCs is that:
A. The most important factor affecting population growth in DVCs is per capita consumption of energy
B. Unemployment and underemployment are the major sources of population growth in DVCs
C. Reduced birthrates must come first in DVCs, and then higher per capita incomes will follow
D. Higher per capita incomes must come first in DVCs, and then reduced birth rates will follow
C. Reduced birthrates must come first in DVCs, and then higher per capita incomes will follow
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If Happy Cows, a dairy firm, merges with Best Cartons, a manufacturer of dairy cartons, the merger can alter the relationship between Happy Cows and Best Cartons from a(n) ________ to a(n) ________.
A) managerial relationship; partnership B) adversarial relationship; partnership C) partnership; adversarial relationship D) partnership; managerial relationship
In the long-run AS-AD model,
a. the position of the AD curve determines output b. the self-correcting mechanism of the economy is irrelevant c. the AS curve shifts leftward whenever the economy is growing d. the position of the AD curve determines the price level e. output fluctuates a great deal
Suppose the government spends $5,000 per person this year. The market for borrowing and lending is competitive, and the market interest rate is 6%. Which of the following plans to finance the government's spending is best for consumers?
a. A tax of $5,000 per person this year. b. A tax of $5,300 per person next year. c. An annual tax of $300 per person forever. d. All of the above plans have the same effect on consumers.
Google’s 88 percent market share of web search services makes it a monopolist.
Answer the following statement true (T) or false (F)