Answer the following statement true (T) or false (F)
1) A total fertility rate of approximately 1.0 will cause each generation to be half as large as the
preceding generation.
2) Modernizing economies that have declining birthrates may still experience population growth
because of rapidly declining death rates.
3) The demand for productive resources has grown faster than the supply of productive
resources for the past 150 years.
4) The Economist's Commodity Price Index reveals that the supply of productive resources has
increased faster than the demand for decades.
1) T
2) T
3) F
4) T
You might also like to view...
Suppose a competitive market with adverse selection has settled into a pooling equilibrium where everyone is offered the same price. If firms then screen consumers, the outcome may and may not be more efficient.
Answer the following statement true (T) or false (F)
All of the following were important colonial industries except:
a. tobacco production. b. production of ships' stores. c. manufacturing of finished metal products. d. shipbuilding.
If net exports are a negative number, then:
a. we are not buying enough exports. b. we are buying too many exports. c. GDP will underestimated when measured using the expenditure approach. d. we are exporting more than we are importing. e. we are exporting less than we are importing.
The figure below presents information for a one-shot game.Firm AFirm B??Low PriceHigh Price?Low Price(2,2)(10,-8)?High Price(-8,10)(6,6)What are dominant strategies for firm A and firm B respectively?
A. (high price, low price) B. (low price, low price) C. (low price, high price) D. (high price, high price)