Which well-known economist from the past asserted that "the power of population is infinitely greater than the power in the earth to produce subsistence for man?"

If X - M = $0 and the government sector has a deficit of $250 billion, the private sector

A) has a deficit that equals $250 billion. B) has a deficit that equals $500 billion. C) has a surplus that equals $250 billion. D) has a surplus that equals $500 billion.

If a recession in the United Kingdom causes a reduction in British imports and an economic boom in the United States causes an increase in U.S. imports, these events will most likely cause the British pound to ________ and the U.S. dollar to ________.

A. depreciate; depreciate B. appreciate; depreciate C. depreciate; appreciate D. appreciate; appreciate