Provide a concise statement about the relationship between population growth and absolute poverty, female wages, rural-urban migration, availability of pensions, availability of healthcare, availability of education, and rate of investment
What will be an ideal response?
The question can be posed as one long essay or subdivided into separate questions. Answers are discussed in the text.
Economics
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Scarcity
a. Can be eradicated with sufficient economic growth. b. Could be eradicated if we could just eliminate greed. c. Can never be eradicated d. Both a. and b. are true
Economics
The market system is said to be characterized by "consumer sovereignty." This is because:
A. A sovereign government determines which consumer goods will be produced B. The prices of consumer goods are regulated by a sovereign government C. Firms must match their production decisions to the consumers' choices D. Consumer goods are considered to be more important than capital goods
Economics