The capricious universe view indicates that:
A. in the long run, "acts of God" have contained population growth and thus contributed to
economic development.
B. DVCs will obtain biological and chemical weapons and force the redistribution of world
wealth.
C. there is little or no correlation between one's efforts and the rewards he or she receives.
D. international and civil wars have been the primary impediment to growth.
C. there is little or no correlation between one's efforts and the rewards he or she receives.
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Which population category equals the sum of employed and unemployed people?
A) working-age population B) labor force C) young and institutionalized D) not in the labor force
The above figure shows the market demand curve for telecommunication while driving one's car (time spent on the car phone). At the current price of 35ยข per minute, consumer surplus equals
A) $301. B) $924.50. C) $1,225.50. D) $1,250.