Which of the following countries achieved economic growth, in part, by reducing its population growth rate?

a. The former Soviet Union
b. The United States
c. The United Kingdom
d. China
e. Hong Kong

D

Economics

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The concept of Say's law can be summed up by the phrase,

A) "supply creates its own demand." B) "demand creates its own supply." C) "supply and demand are equivalent concepts." D) "supply and demand are irrelevant concepts."

Economics

Refer to the given data. If there is neither a union nor a minimum wage, we can conclude that this firm:



A.  "purchases" labor in a purely competitive labor market.
B.  is a monopsonist.
C.  faces a perfectly inelastic labor supply curve.
D.  has a perfectly elastic labor demand curve.

Economics