Evidence of a negative correlation between income per capita and population growth rates ________
A) implies that birth control is most effective in low-income countries
B) has not been found in the available data
C) is consistent with the Solow model
D) suggests that population growth stimulates technological progress
C
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The optimum tariff is most likely to apply to
A) a small tariff imposed by a small country. B) a small tariff imposed by a large country. C) a large tariff imposed by a small country. D) a large tariff imposed by a large country. E) an ad valorem tariff on a small country.
Economies of scale
a. require a change in the size of operations and therefore is a long-run consideration b. require a more intensive use of existing plant and therefore is a short-run consideration c. means that a doubling of plant size will double output d. require a change in the size of plant and therefore is a short-run consideration e. require a more intensive use of existing plant and therefore is a long-run consideration