One of the main reasons that Malthus' prediction of repeated wars and famines did not come true is
a. the government's intervention in the economy
b. the implementation of an income tax to raise money for governmental spending
c. increases in the supply of labor
d. continuing technological change
e. changes in planned investment spending
D
Economics
You might also like to view...
Lauren runs a chili restaurant in San Francisco. Her total revenue last year equaled $111,000. The rent on her restaurant totaled $48,000. Her labor costs totaled $43,000. Her materials, food and other variable costs totaled $19,000
To Lauren's accountant, Lauren A) incurred a loss of $1,000. B) earned a profit of $1,000. C) incurred a loss of $111,000. D) earned a profit of $111,000. E) had a total cost equal to $91,000.
Economics
The current official "base year" is
A) 2000. B) 1992. C) 1980. D) 1972.
Economics