Which of the following statements is true?
A) The demographic transition of the 19th century led to a decrease in life expectancy across the Western world.
B) Until the demographic transition in the 19th century, they were recurrent Malthusian cycles.
C) The demographic transition of the 19th century led to an increase in fertility across the Western world.
D) After the demographic transition in the 19th century, they were recurrent Malthusian cycles.
B
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The time value of money is also referred to as the ________
A) loan B) interest C) collateral D) principal
An efficient point of production is
A) a point on the production possibilities curve. B) a point inside the production possibilities curve. C) the point where scarcity no longer exists. D) the point where we are currently producing.