Which of the following was not one of Malthus assumptions?
a. stable prices
b. production with only two inputs - land and labor
c. a fixed supply of land
d. human desire to increase the population
a
Economics
You might also like to view...
Microeconomics involves decisions made by
A. governments and societies B. firms and households C. countries and International organizations D. governments and economies
Economics
Bonds are preferred to stock by individual investors who
a. need to have immediate access to their money b. don't think the business is profitable c. prefer a guaranteed lower return to a risky higher return d. prefer a risky higher return to a guaranteed lower return e. prefer dividends to interest payments
Economics